Germany’s 10-year Bund yield traded around 2.84%, near three-month lows, as weak economic data and reduced expectations for further ECB rate hikes weighed on sentiment. The ECB raised interest rates by 25 basis points this month, in line with expectations. However, ECB President Christine Lagarde said yesterday that the central bank does not need to respond more aggressively to developments stemming from the Middle East conflict, noting that inflation is expected to return to target over the medium term. Markets have since scaled back some expectations for additional ECB tightening following Lagarde’s remarks, though investors still price in at least one further 25bps hike this year. Meanwhile, weaker economic data reinforced the cautious outlook. Preliminary PMI readings showed that private sector activity in Germany contracted at its fastest pace since 2024, while the broader euro area also remained in contraction territory.

The yield on Germany 10Y Bond Yield held steady at 2.86% on June 26, 2026. Over the past month, the yield has fallen by 0.13 points, though it remains 0.26 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 June 28 of 2026.

The yield on Germany 10Y Bond Yield held steady at 2.86% on June 26, 2026. Over the past month, the yield has fallen by 0.13 points, though it remains 0.26 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 2.85 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 2.67 in 12 months time.



Bonds Yield Day Month Year Date
Germany 10Y 2.85 -0.011% -0.136% 0.251% Jun/26
Germany 3M 2.27 -0.002% 0.230% 0.499% Jun/26
Germany 6M 2.30 -0.006% 0.042% 0.586% Jun/26
Germany 52W 2.43 -0.036% -0.004% 0.676% Jun/26
Germany 2Y 2.52 -0.023% -0.058% 0.654% Jun/26
Germany 3Y 2.47 -0.022% -0.085% 0.527% Jun/26
Germany 5Y 2.58 -0.020% -0.105% 0.414% Jun/26
Germany 7Y 2.67 -0.016% -0.116% 0.304% Jun/26
Germany 30Y 3.41 0.005% -0.123% 0.317% Jun/26
Germany 15Y 3.19 -0.004% -0.137% 0.251% Jun/26



Related Last Previous Unit Reference
Germany Inflation Rate 2.60 2.90 percent May 2026
Germany Interest Rate 2.40 2.15 percent Jun 2026
Germany Unemployment Rate 6.30 6.40 percent May 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
2.86 2.86 9.13 -0.91 1983 - 2026 percent Daily

News Stream
Germany 10-Year Bund Yield Near 3-Month Lows
Germany’s 10-year Bund yield traded around 2.84%, near three-month lows, as weak economic data and reduced expectations for further ECB rate hikes weighed on sentiment. The ECB raised interest rates by 25 basis points this month, in line with expectations. However, ECB President Christine Lagarde said yesterday that the central bank does not need to respond more aggressively to developments stemming from the Middle East conflict, noting that inflation is expected to return to target over the medium term. Markets have since scaled back some expectations for additional ECB tightening following Lagarde’s remarks, though investors still price in at least one further 25bps hike this year. Meanwhile, weaker economic data reinforced the cautious outlook. Preliminary PMI readings showed that private sector activity in Germany contracted at its fastest pace since 2024, while the broader euro area also remained in contraction territory.
2026-06-23
Germany 10-Year Bund Falls Toward 3-Month Low
Germany’s 10-year Bund yield fell to 2.924%, moving closer to its lowest level since March 17, as weaker economic data and more cautious signals from the European Central Bank reduced expectations for further rate hikes. June data showed private sector activity in Germany and business activity in France contracted, reinforcing concerns over the region’s growth outlook. ECB President Christine Lagarde also signalled that the central bank sees no need for a stronger policy response to the Iran conflict, noting there is no evidence of an inflation surge that would justify more aggressive tightening. Her comments contrasted with a more hawkish tone from the Federal Reserve, where markets continue to price rate increases. Earlier this month, the ECB raised rates by 25 basis points, but the move had limited market impact as it was widely expected.
2026-06-23
Bund Yields Edge Down
Germany’s 10-year Bund yield eased to 2.97% on Monday after rising more than 6 basis points on Friday, as lower oil prices reduced inflation concerns following signs of diplomatic progress between the US and Iran. Negotiators from both sides agreed on a roadmap toward a potential final agreement, supporting hopes of easing tensions in the Middle East. Oil markets reacted positively to the developments, despite President Donald Trump warning of possible military action if Hezbollah continues attacks on Israel. The US and Iran also established a communication channel aimed at preventing incidents and miscalculations, while discussions continue around restoring safe commercial shipping through the Strait of Hormuz. Meanwhile, money markets are pricing in at least one more European Central Bank rate increase this year, following the ECB’s recent 25 basis point hike that raised the deposit rate to 2.25%, marking the first increase since 2023.
2026-06-22