Eurozone sovereign bond yields generally rise by about 3 basis points, with a sharp surge near the close

On Thursday (August 6), late in the European session, the German 10-year government bond yield rose by 2.9 basis points to 3.140%, trading within a range of 3.108%-3.143% during the day. Overall, it maintained a slight increase, stabilizing around 3.115%, with gains widening continuously since 22:30 Beijing time, and a short-term accelerated rise starting at 23:52. The 2-year German bond yield rose by 3.2 basis points to 2.763%, trading within a range of 2.729%-2.765% during the day; the 30-year German bond yield increased by 1.6 basis points to 3.640%. The spread between the 2-year and 10-year German bond yields narrowed by 0.219 basis points to +37.583 basis points. The French 10-year government bond yield rose by 3.2 basis points to 3.933%, accelerating its rise as trading neared the close; the 2-year French bond yield rose by 3.0 basis points, and the 30-year French bond yield increased by 2.2 basis points. The Italian 10-year government bond yield increased by 3.6 basis points to 3.918%. The Spanish 10-year government bond yield rose by 2.9 basis points to 3.579%. The Greek 10-year government bond yield rose by 3.5 basis points to 3.818%.