每经AI快讯，周一(12月15日)欧市尾盘，德国10年期国债收益率跌0.4个基点，报2.853%。两年期德债 收益率跌0.3个基点，报2.150%；30年期德债收益率跌0.9个基点，报3.472%。 ...

Group 1 - Nomura Securities indicates that the US dollar may face significant downward pressure by 2026 due to factors such as portfolio adjustments, rising foreign exchange hedging risks, and potential Federal Reserve rate cuts [2] - UBS economists note that discussions regarding the Reserve Bank of Australia's interest rate hikes have shifted from "if" to "when," with expectations moving forward significantly due to rising labor costs and domestic demand [2] - Barclays strategists highlight that the current market for US Treasury Inflation-Protected Securities (TIPS) does not adequately price in positive inflation risk premiums, suggesting a long position in 10-year breakeven inflation rates as a reasonable medium to long-term strategy [1] Group 2 - Fitch Ratings states that despite rising debt from infrastructure investments, a neutral macro environment, a robust housing market, and a strong labor market will support the stability of Australia's local government finances [3] - Mizuho Securities warns that rising interest rates could significantly increase the debt servicing costs for the UK and Japan, as both countries adjust their debt structures to rely more on short-term borrowing [2] - Nomura analysts suggest that the Bank of Korea may have ended its rate-cutting cycle, with GDP growth expected to reach 2.3% in 2026, driven by improved economic prospects and rising inflation [2]

Group 1 - The yield on Germany's 10-year government bonds decreased by 0.2 basis points, reaching 2.749% [1] - The yield on Germany's 2-year bonds fell by 1.3 basis points, now at 2.050% [1] - The yield on Germany's 30-year bonds dropped by 0.6 basis points, currently at 3.381% [1]

Core Viewpoint - The German bond market experienced fluctuations in yields, with the 10-year bond yield rising initially before declining significantly after the release of U.S. employment data. Group 1: Bond Yields - The 10-year German bond yield increased by 0.2 basis points to 2.713% before reaching a daily high of 2.744% [1] - The 2-year German bond yield decreased by 0.6 basis points to 2.013% [1] - The 30-year German bond yield rose by 1.8 basis points to 3.298% [1] Group 2: Yield Spread - The yield spread between the 2-year and 10-year German bonds increased by 0.722 basis points to +69.735 basis points [1] Group 3: Market Reactions - European stocks opened higher but experienced a decline following the release of the U.S. ADP employment data [1] - The 10-year bond yield fell to a daily low of 2.693% before the release of the U.S. ISM manufacturing index [1]

Group 1 - The yield on Germany's 10-year government bonds decreased by 1.1 basis points, reaching 2.695%, with a cumulative increase of 8.8 basis points in July, trading within a range of 2.542%-2.769% [1] - The yield on 2-year German bonds increased by 1.0 basis point to 1.964%, with a cumulative rise of 11.0 basis points in July, trading between 1.799%-1.980%, showing a significant rebound on July 23-24 [1] - The yield on 30-year German bonds fell by 2.8 basis points to 3.176%, with a cumulative increase of 8.7 basis points in July [1] Group 2 - The 2/10 year German bond yield spread decreased by 2.104 basis points, now at +72.756 basis points, with a cumulative decline of 1.158 basis points in July [1]

Group 1 - The core viewpoint indicates a decline in German government bond yields, with the 10-year yield dropping by 8.2 basis points to 2.613% and trading within a range of 2.659%-2.611% [1] - The 2-year German bond yield decreased by 4.6 basis points to 1.824%, with intraday trading between 1.846%-1.823% [1] - The 30-year German bond yield fell by 9.3 basis points to 3.139% [1] Group 2 - The 2/10 year German bond yield spread decreased by 3.659 basis points, now at +78.695 basis points [2]

Group 1 - The yield on Germany's 10-year government bonds increased by 4.3 basis points, reaching 2.876%, with a notable jump to 2.660% at the opening [1] - The 2-year German bond yield rose by 3.5 basis points, reported at 1.872%, trading within the range of 1.848%-1.882% during the day [1] - The 30-year German bond yield increased by 5.4 basis points, marking a cumulative rise of 9.5 basis points over three consecutive trading days, now at 3.172% [1] Group 2 - The 2/10 year German bond yield spread increased by 0.898 basis points, now at +81.271 basis points [1]

Core Viewpoint - The article discusses the fluctuations in German government bond yields, highlighting the movements in 10-year, 2-year, and 30-year bonds during the week of July 4, with specific attention to the impact of the U.S. non-farm payroll report on these yields [1]. Summary by Category 10-Year Government Bonds - The yield on German 10-year government bonds decreased by 0.8 basis points to 2.607%, with a cumulative increase of 1.5 basis points for the week [1]. - The yield had previously dropped to 2.542% before rebounding to 2.675% on July 2 [1]. 2-Year Government Bonds - The yield on 2-year German bonds fell by 1.8 basis points to 1.816%, with an overall decline of 4.4 basis points for the week [1]. - The trading range for the 2-year bonds was between 1.875% and 1.799%, with a notable recovery following the U.S. non-farm payroll report on July 3 [1]. - The yield fluctuated below 1.860% from June 30 to July 3, but the rebound was short-lived, leading to further declines on July 4 [1]. 30-Year Government Bonds - The yield on 30-year German bonds increased by 0.9 basis points to 3.087%, with a total rise of 1.7 basis points for the week [1]. Yield Spread - The spread between 2-year and 10-year German bond yields increased by 1.174 basis points to +78.909 basis points, with a cumulative rise of 6.128 basis points for the week [1].

Core Viewpoint - The German bond market experienced a decline in yields across various maturities, indicating a shift in investor sentiment and potential market adjustments [1] Group 1: Yield Movements - The yield on the 10-year German government bond fell by 3.9 basis points, reaching a daily low of 2.496% [1] - The 2-year German bond yield decreased by 2.6 basis points, settling at 1.842%, with intraday trading between 1.876% and 1.842% [1] - The 30-year German bond yield dropped by 4.2 basis points, hitting a daily low of 2.943% [1] Group 2: Yield Spread - The spread between the 2-year and 10-year German bond yields narrowed by 0.999 basis points, reported at +65.230 basis points [1]

Core Viewpoint - The decline in German government bond yields indicates a cooling of inflation concerns among investors following fluctuations in international oil prices amid recent conflicts between Israel and Iran [1] Group 1: Bond Market Performance - The yield on 10-year German government bonds fell by 0.8 basis points to 2.527%, trading within a range of 2.589% to 2.516% during the day [1] - The 2-year German bond yield decreased by 1.5 basis points to 1.841%, with a trading range of 1.890% to 1.837% [1] - The 30-year German bond yield saw a minor decline of 0.1 basis points, settling at 2.986% [1] Group 2: Yield Spread Analysis - The yield spread between 2-year and 10-year German bonds increased by 0.631 basis points, reaching +68.172 basis points [1]