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 increased by 1.8 basis points, reaching 2.631%, with a trading range of 2.575%-2.681% during the day [1] - The yield on 2-year German bonds rose by 5.7 basis points to 1.835%, trading between 1.785%-1.880% throughout the day, indicating a consistent upward trend [1] - The yield on 30-year German bonds increased by 0.5 basis points, reaching 3.022% [1] Group 2 - The 2/10 year German bond yield spread decreased by 3.896 basis points, now at +79.187 basis points [1]