At the end of the European market on Friday, the yield on German 10-year treasury bonds rose 2.6 basis points to 3.279%. Federal Reserve Chairman Walsh released a hawkish tone in his Jackson Hole World Central Bank Annual Meeting speech disclosed at 22:00 Beijing time. Yields declined in the short term and fell again around 22:44. The cumulative increase this week was 2.0 basis points, showing an overall V-shaped reversal. The two-year German bond yield rose 4.2 basis points to 2.906%. The increase increased significantly after the disclosure of the Walsh speech. This week, it climbed 5.8 basis points, fell to 2.784% before the opening of the European stock market on August 26, and continued to rise thereafter; the 30-year German bond yield rose 1.3 basis points to 3.768%. The 2/10-year German bond yield spread fell 1.697 basis points to +36.990 basis points, rising 0.006 basis points this week.

At the end of the European market on Friday, the yield on German 10-year treasury bonds rose 2.6 basis points to 3.279%. Federal Reserve Chairman Walsh released a hawkish tone in his Jackson Hole World Central Bank Annual Meeting speech disclosed at 22:00 Beijing time. Yields declined in the short term and fell again around 22:44. The cumulative increase this week was 2.0 basis points, showing an overall V-shaped reversal. The two-year German bond yield rose 4.2 basis points to 2.906%. The increase increased significantly after the disclosure of the Walsh speech. This week, it climbed 5.8 basis points, fell to 2.784% before the opening of the European stock market on August 26, and continued to rise thereafter; the 30-year German bond yield rose 1.3 basis points to 3.768%. The 2/10-year German bond yield spread fell 1.697 basis points to +36.990 basis points, rising 0.006 basis points this week.