German two-year government bond yields rise by about 7 basis points as investors focus on rising oil prices
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The two-year German bond yield rose by 6.7 basis points to 2.526%, trading within a range of 2.456%-2.531% throughout the day, with a generally steady upward trend. The 30-year German bond yield remained flat at 3.547%. The spread between the 2-year and 10-year German bond yields narrowed by 4.519 basis points to +47.456 basis points, with an overall downward trend.
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