Germany’s 10-year Bund yield dropped to 2.75%, its lowest level since December 3, and is on track for its strongest weekly performance since April. Benchmark borrowing costs are also set for an eighth consecutive daily decline, the longest losing streak since 2024, as investors seek safer assets amid weakening risk sentiment and as softer-than-expected US inflation data reinforce expectations that the Federal Reserve may have scope to resume interest rate cuts. In Europe, investors assessed signals that the ECB remains largely at ease with the euro’s recent appreciation. Markets also digested reports that Bank of France Governor François Villeroy de Galhau, considered a dovish policymaker, could step down earlier than planned. ECB President Christine Lagarde reiterated last week that the inflation outlook is in a “good place,” while playing down concerns over the strength of the single currency. Meanwhile, money markets are pricing in only a 30% chance of an ECB rate cut by December.

The yield on Germany 10Y Bond Yield eased to 2.76% on February 13, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 0.33 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 February 16 of 2026.

The yield on Germany 10Y Bond Yield eased to 2.76% on February 13, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 0.33 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 2.73 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 2.55 in 12 months time.



Bonds Yield Day Month Year Date
Germany 10Y 2.76 -0.020% -0.024% 0.334% Feb/13
Germany 3M 1.96 0.036% 0.016% -0.444% Feb/13
Germany 6M 2.00 -0.009% 0.020% -0.243% Feb/13
Germany 52W 1.99 -0.010% 0.007% -0.070% Feb/13
Germany 2Y 2.02 -0.011% -0.059% -0.077% Feb/13
Germany 3Y 2.06 -0.015% -0.072% -0.0001% Feb/13
Germany 5Y 2.34 -0.022% -0.032% 0.127% Feb/13
Germany 7Y 2.50 -0.020% -0.029% 0.244% Feb/13
Germany 30Y 3.43 -0.013% 0.005% 0.769% Feb/13
Germany 15Y 3.15 -0.015% -0.036% 0.489% Feb/13



Related Last Previous Unit Reference
Germany Inflation Rate 2.10 1.80 percent Jan 2026
Germany Interest Rate 2.15 2.15 percent Feb 2026
Germany Unemployment Rate 6.30 6.30 percent Jan 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
2.76 2.78 9.13 -0.91 1983 - 2026 percent Daily

News Stream
Bund Yields Post Strongest Weekly Gain Since April
Germany’s 10-year Bund yield dropped to 2.75%, its lowest level since December 3, and is on track for its strongest weekly performance since April. Benchmark borrowing costs are also set for an eighth consecutive daily decline, the longest losing streak since 2024, as investors seek safer assets amid weakening risk sentiment and as softer-than-expected US inflation data reinforce expectations that the Federal Reserve may have scope to resume interest rate cuts. In Europe, investors assessed signals that the ECB remains largely at ease with the euro’s recent appreciation. Markets also digested reports that Bank of France Governor François Villeroy de Galhau, considered a dovish policymaker, could step down earlier than planned. ECB President Christine Lagarde reiterated last week that the inflation outlook is in a “good place,” while playing down concerns over the strength of the single currency. Meanwhile, money markets are pricing in only a 30% chance of an ECB rate cut by December.
2026-02-13
Germany’s 10-Year Bund Yield Falls to Two-Month Low
Germany’s 10-year Bund yield slipped toward 2.75%, marking its lowest level since December 4. The benchmark was also poised for a weekly decline of around 9 bps, its sharpest drop since April, as investors positioned themselves ahead of key US CPI data due later in the day, which could provide fresh signals on the Federal Reserve’s policy path. In Europe, market participants weighed indications that the European Central Bank remains broadly comfortable with the euro’s recent appreciation. Attention also turned to reports that Bank of France Governor François Villeroy de Galhau, widely regarded as dovish, is set to step down earlier than anticipated. Meanwhile, ECB President Christine Lagarde said last week that the inflation outlook remains in a “good place,” downplaying concerns about the strength of the single currency. Money markets are currently pricing in just a 30% probability of an ECB interest rate cut by December.
2026-02-13
German 10-Year Yield Rebounds as Strong US Jobs Data Curb Fed Cut Bets
Germany’s 10-year Bund yield rebounded to 2.8% after briefly hitting a four-week low of 2.793%, as investors scaled back expectations for Federal Reserve rate cuts following stronger-than-expected US employment data. US payrolls rose by 130,000 in January, the largest gain in over a year, while the unemployment rate unexpectedly fell to 4.3%, pointing to continued labor market resilience at the start of 2026. Markets now fully price in a Fed rate cut by July instead of June, with the probability of a March move seen below 5%. In Europe, investors also assessed signals that the European Central Bank remains largely comfortable with the euro’s recent appreciation, as well as reports that Bank of France Governor François Villeroy de Galhau, considered dovish, will step down earlier than planned. ECB President Christine Lagarde said last week that the inflation outlook remains in a “good place,” while downplaying concerns over the strength of the single currency.
2026-02-11