Germany’s 10-year Bund yield held steady at 3.1%, near its highest since May 2011, and was set to end March up more than 40 basis points. Investors remained on edge over the economic impact of the protracted Middle East conflict, with reports of US troop preparations for a ground operation overshadowing Washington’s claims of progress in Iran negotiations. Economic data added to the hawkish shift: German regional CPI signaled accelerating inflation, while the Eurozone business survey revealed a sharp drop in sentiment as inflation expectations surged. Markets have dramatically adjusted ECB rate expectations, now pricing in at least two hikes in 2026, with a possible third, abandoning prior bets on a 40% chance of a cut. On Monday, French central bank chief François Villeroy de Galhau reaffirmed the ECB’s commitment to preventing energy-driven inflation from broadening, but noted it was “premature” to specify timing for rate moves.

The yield on Germany 10Y Bond Yield eased to 3.09% on March 30, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.38 points and is 0.36 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Germany 10-Year Bond Yield reached an all time high of 9.13 in September of 1990. Germany 10-Year Bond Yield - data, forecasts, historical chart - was last updated on March 30 of 2026.

The yield on Germany 10Y Bond Yield eased to 3.09% on March 30, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.38 points and is 0.36 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Germany 10-Year Bond Yield is expected to trade at 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2.91 in 12 months time.



Bonds Yield Day Month Year Date
Germany 10Y 3.09 -0.007% 0.384% 0.365% Mar/30
Germany 3M 1.91 0.074% -0.058% -0.150% Mar/30
Germany 6M 2.17 0.003% 0.164% 0.068% Mar/30
Germany 52W 2.47 -0.025% 0.455% 0.463% Mar/30
Germany 2Y 2.69 0.011% 0.602% 0.661% Mar/30
Germany 3Y 2.66 0.007% 0.582% 0.604% Mar/30
Germany 5Y 2.81 -0.001% 0.486% 0.503% Mar/30
Germany 7Y 2.91 -0.003% 0.442% 0.425% Mar/30
Germany 30Y 3.55 -0.013% 0.189% 0.476% Mar/30
Germany 15Y 3.40 -0.006% 0.318% 0.382% Mar/30



Related Last Previous Unit Reference
Germany Inflation Rate 1.90 2.10 percent Feb 2026
Germany Interest Rate 2.15 2.15 percent Mar 2026
Germany Unemployment Rate 6.30 6.30 percent Feb 2026

Germany 10-Year Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
3.09 3.10 9.13 -0.91 1983 - 2026 percent Daily

News Stream
Bund Yield Remains High as Middle East Tensions Fuel Rate Hike Bets
Germany’s 10-year Bund yield held steady at 3.1%, near its highest since May 2011, and was set to end March up more than 40 basis points. Investors remained on edge over the economic impact of the protracted Middle East conflict, with reports of US troop preparations for a ground operation overshadowing Washington’s claims of progress in Iran negotiations. Economic data added to the hawkish shift: German regional CPI signaled accelerating inflation, while the Eurozone business survey revealed a sharp drop in sentiment as inflation expectations surged. Markets have dramatically adjusted ECB rate expectations, now pricing in at least two hikes in 2026, with a possible third, abandoning prior bets on a 40% chance of a cut. On Monday, French central bank chief François Villeroy de Galhau reaffirmed the ECB’s commitment to preventing energy-driven inflation from broadening, but noted it was “premature” to specify timing for rate moves.
2026-03-30
Bund Yields Surge to 15-Year Highs
Germany’s 10-year Bund yield climbed above 3.1%, its highest since May 2011, and is on track to end March nearly 50 basis points higher. The Iran conflict has driven energy prices up and prompted investors to abandon bets on ECB rate cuts, with traders now pricing in at least two hikes in 2026 and a possible third. The geopolitical standoff intensified as US President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz or face strikes, while reports from Washington and Tehran offered conflicting accounts of progress in negotiations. Despite German Foreign Minister Johann Wadephul confirming indirect contacts and upcoming direct talks in Pakistan, markets remain skeptical of a near-term resolution, viewing the delay as a tactic to allow further troop deployments. Investors also digested fresh data underscoring growing inflationary risks across Europe, with Spain’s HICP inflation reading jumping to 3.3% in March, driven by surging fuel and lubricant costs.
2026-03-27
Germany 10Y Bond Yield Hits Near 15-year High
Germany 10 Year Government Bond Yield increased to 3.08%, the highest since June 2011. Over the past 4 weeks, Germany 10Y Bond Yield gained 42.17 basis points, and in the last 12 months, it increased 30.09 basis points.
2026-03-26