Germany’s 10-year Bund yields fell toward 2.95%, their lowest since May 29, after oil prices tumbled following the preliminary US-Iran agreement to end their three-month conflict. The deal, including lifting the US blockade and reopening the Strait of Hormuz, a vital route for 20% of global energy, sparked a sharp drop in oil prices, reducing pressure on central banks to raise interest rates to curb inflation. Money markets now expect about 30 basis points of further ECB tightening this year, equivalent to one rate hike, down from nearly two before last Thursday’s increase. ECB President Christine Lagarde welcomed the development but cautioned that past hopes had been dashed and noted emerging second-round effects from the conflict. ECB’s Joachim Nagel added that oil supply recovery would take months, delaying any immediate inflation relief.
The yield on Germany 10Y Bond Yield eased to 2.94% on June 16, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.22 points, though it remains 0.41 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 17 of 2026.
The yield on Germany 10Y Bond Yield eased to 2.94% on June 16, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.22 points, though it remains 0.41 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 2.99 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.