Germany’s 10-year Bund yield has been swinging around 3.1% in August, tracking US Treasury yields, as traders navigate shifting developments in the Middle East and conflicting signals over the prospects of a deal between the US and Iran, while also assessing the resulting rise in oil prices and its impact on inflation. In Europe, market-based measures of inflation expectations, reflected in swaps for the Euro Area over the next year, are around 2.4%, above the ECB’s 2% target. Eurozone inflation edged up to 2.9% in July. Meanwhile, the Euro Area economic outlook has improved, with recent resilience prompting analysts to become more optimistic about growth. The Eurozone economy expanded 0.4% in Q2, the strongest pace since early 2025 and growth is projected to moderate in the near term before gradually gaining momentum. As a result, investors expect the ECB to deliver another 25bps rate hike in September.
The yield on Germany 10Y Bond Yield eased to 3.13% on August 13, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.06 points and is 0.43 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 August 13 of 2026.
The yield on Germany 10Y Bond Yield eased to 3.13% on August 13, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.06 points and is 0.43 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 2.93 in 12 months time.