Germany’s 10-year Bund yield dipped slightly to 3.07% but stayed near recent multi-year highs, as elevated energy prices reinforced expectations of faster inflation and European Central Bank rate hikes. Investors are keeping an eye on Beijing amid optimism surrounding the US-China summit and its potential to improve global trade relations. President Trump is also expected to ask Chinese President Xi Jinping to help end the Iran war, although just prior to his trip he said he did not need assistance. Expectations for a lasting peace deal between the US and Iran have faded this week, keeping the Strait of Hormuz effectively closed and adding to inflationary pressure concerns. As a result, money markets are pricing in a nearly 90% chance of a rate hike by the European Central Bank at the June meeting, with three hikes almost fully priced in by the end of 2026.

The yield on Germany 10Y Bond Yield eased to 3.07% on May 14, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.02 points and is 0.44 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 May 14 of 2026.

The yield on Germany 10Y Bond Yield eased to 3.07% on May 14, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.02 points and is 0.44 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 2.98 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 2.81 in 12 months time.



Bonds Yield Day Month Year Date
Germany 10Y 3.07 -0.044% 0.018% 0.441% May/14
Germany 3M 1.98 -0.002% -0.055% 0.110% May/14
Germany 6M 2.26 -0.017% 0.002% 0.367% May/14
Germany 52W 2.46 -0.046% 0.003% 0.669% May/14
Germany 2Y 2.67 -0.054% 0.124% 0.787% May/14
Germany 3Y 2.63 -0.053% 0.104% 0.662% May/14
Germany 5Y 2.77 -0.052% 0.058% 0.580% May/14
Germany 7Y 2.87 -0.048% 0.037% 0.476% May/14
Germany 30Y 3.61 -0.027% 0.010% 0.521% May/14
Germany 15Y 3.40 -0.038% -0.002% 0.430% May/14



Related Last Previous Unit Reference
Germany Inflation Rate 2.90 2.70 percent Apr 2026
Germany Interest Rate 2.15 2.15 percent Apr 2026
Germany Unemployment Rate 6.40 6.40 percent Apr 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
3.07 3.11 9.13 -0.91 1983 - 2026 percent Daily

News Stream
German Bund Yield Eases But Remains Near Multi-Year Highs
Germany’s 10-year Bund yield dipped slightly to 3.07% but stayed near recent multi-year highs, as elevated energy prices reinforced expectations of faster inflation and European Central Bank rate hikes. Investors are keeping an eye on Beijing amid optimism surrounding the US-China summit and its potential to improve global trade relations. President Trump is also expected to ask Chinese President Xi Jinping to help end the Iran war, although just prior to his trip he said he did not need assistance. Expectations for a lasting peace deal between the US and Iran have faded this week, keeping the Strait of Hormuz effectively closed and adding to inflationary pressure concerns. As a result, money markets are pricing in a nearly 90% chance of a rate hike by the European Central Bank at the June meeting, with three hikes almost fully priced in by the end of 2026.
2026-05-14
Bund Yield Holds Near 15-Year High on ECB Rate Hike Bets
Germany’s 10-year Bund yield held just below 3.1%, close to its highest level since May 2011, as traders wagered on European Central Bank rate hikes. Concerns over the fragile US-Iran ceasefire and persistent inflation have driven investors to price in three ECB rate increases by year-end, with an over 80% probability of the first hike in June. Meanwhile, German wholesale prices surged 6.3% year-on-year in April, the highest since February 2023, due to ongoing Middle East tensions. On Tuesday, the ZEW Indicator of Economic Sentiment rose by seven points to -10.2 in May, rebounding from a three-year low and surpassing expectations. However, it remains in negative territory as investors await a resolution to the Iran conflict.
2026-05-13
Bund Yields Near 15-Year High on ECB Rate Hike Bets
Germany’s 10-year Bund yield rose to 3.1%, nearing its highest level since May 2011, as traders bet on European Central Bank rate hikes amid concerns over the fragile US-Iran ceasefire and persistent inflation. Brent crude oil prices exceeded $105 a barrel after US President Trump dismissed Iran’s latest peace proposal, calling it a “piece of garbage” and admitting he “didn’t even finish reading it.” Fears of a prolonged economic impact from the Middle East conflict have led investors to price in three ECB rate hikes by year-end, with an over 86% chance of the first increase in June. Meanwhile, final data showed Germany’s inflation rate climbed to 2.9% in April, the highest since January 2024, fueled by rising energy costs. Germany’s ZEW Indicator of Economic Sentiment improved by seven points to -10.2 in May, rebounding from a three-year low and beating expectations, though it remains negative as investors await a resolution to the Iran conflict.
2026-05-12