German 2-Year Bund Yield Drops 4.4 Basis Points to 2.601% on Monday

German government bond yields fell across the curve on Monday, June 22, with the 2-year yield declining 4.4 basis points to 2.601%, trading within a 2.640%-2.586% range throughout the session.

The 10-year bund yield dropped 3.3 basis points to 2.952%, while the 30-year yield fell 3.1 basis points to 3.507%. The 2/10-year yield curve steepened by 1.040 basis points to +34.791 basis points.