German 2Y Bund Yield Rises 3.1 Basis Points on Non-Farm Friday, Up 16.3 bps for Week

On Friday, June 5, German two-year bond yields climbed 3.1 basis points to 2.692% as the U.S. non-farm payroll report was released, marking a weekly gain of 16.3 basis points. Meanwhile, Germany's 10-year yield rose 1.6 basis points to 3.038% and surged to 3.046% during the non-farm release, with weekly gains of 10.1 basis points. The 2/10-year yield spread narrowed by 1.383 basis points to 34.432 basis points for the day.
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