Germany’s 10-year Bund yields fell below 3%, hitting their lowest level since June 3, as markets reacted to overnight remarks from US President Donald Trump suggesting a potential US-Iran deal could be signed as early as this weekend. Tehran, however, stated it had not yet made a final decision. Yields have fluctuated in tandem with oil prices and war-related headlines, as traders assess the risks of prolonged Strait of Hormuz closures. The longer the disruption persists, the greater the likelihood of sustained high energy prices feeding into broader inflation, potentially forcing central banks to implement significant rate hikes. Supporting this view, the European Central Bank raised interest rates on June 11 for the first time in three years, aiming to preempt a broader inflation surge from rising fuel costs. Money markets now anticipate another rate hike, most likely in September, though July remains a possibility.

The yield on Germany 10Y Bond Yield eased to 3.00% on June 12, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.11 points, though it remains 0.46 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 13 of 2026.

The yield on Germany 10Y Bond Yield eased to 3.00% on June 12, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.11 points, though it remains 0.46 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.



Bonds Yield Day Month Year Date
Germany 10Y 3.00 -0.026% -0.111% 0.463% Jun/12
Germany 3M 2.19 -0.003% 0.208% 0.410% Jun/12
Germany 6M 2.32 -0.007% 0.045% 0.489% Jun/12
Germany 52W 2.47 -0.024% -0.032% 0.692% Jun/12
Germany 2Y 2.62 -0.053% -0.101% 0.765% Jun/12
Germany 3Y 2.59 -0.047% -0.090% 0.662% Jun/12
Germany 5Y 2.72 -0.034% -0.109% 0.582% Jun/12
Germany 7Y 2.81 -0.031% -0.110% 0.492% Jun/12
Germany 30Y 3.55 -0.007% -0.082% 0.549% Jun/12
Germany 15Y 3.35 -0.016% -0.093% 0.477% Jun/12



Related Last Previous Unit Reference
Germany Inflation Rate 2.60 2.90 percent May 2026
Germany Interest Rate 2.40 2.15 percent Jun 2026
Germany Unemployment Rate 6.30 6.40 percent May 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
3.00 3.03 9.13 -0.91 1983 - 2026 percent Daily

News Stream
Bund Yields Dip Below 3%
Germany’s 10-year Bund yields fell below 3%, hitting their lowest level since June 3, as markets reacted to overnight remarks from US President Donald Trump suggesting a potential US-Iran deal could be signed as early as this weekend. Tehran, however, stated it had not yet made a final decision. Yields have fluctuated in tandem with oil prices and war-related headlines, as traders assess the risks of prolonged Strait of Hormuz closures. The longer the disruption persists, the greater the likelihood of sustained high energy prices feeding into broader inflation, potentially forcing central banks to implement significant rate hikes. Supporting this view, the European Central Bank raised interest rates on June 11 for the first time in three years, aiming to preempt a broader inflation surge from rising fuel costs. Money markets now anticipate another rate hike, most likely in September, though July remains a possibility.
2026-06-12
Bund Yields Hold Near Three-Week Highs After ECB Rate Hike
Germany’s 10-year Bund yields remained steady just above 3.05%, close to three-week highs, following the European Central Bank’s expected 25-basis-point rate increase, its first since 2023. The move came as policymakers highlighted rising energy costs and persistent inflation risks, compounded by the Iran conflict and disruptions to oil shipments through the Strait of Hormuz. The ECB also upwardly revised its inflation forecasts, now expecting headline inflation to reach 3.0% in 2026 (up from 2.6%) and 2.3% in 2027 (up from 2.0%), with core inflation projected at 2.5% for both years (up from 2.3% and 2.2%). Meanwhile, the growth outlook was slightly lowered, with Eurozone GDP now forecast at 0.8% in 2026 (down from 0.9%) and 1.2% in 2027 (down from 1.3%). Elsewhere, Middle East tensions escalated, as repeated military strikes and diplomatic setbacks reduced prospects for a US-Iran resolution.
2026-06-11
German 10-Year Bund Yield Below 3.1%
The yield on the German 10-year Bund hovered at 3.07%, near two-month highs, as ongoing geopolitical tensions in the Middle East continued to shape inflation expectations and reinforce bets that central banks will need to adopt a more hawkish stance. The conflict in the region remains unresolved, with repeated military strikes and diplomatic setbacks undermining prospects for a breakthrough between the US and Iran, while keeping oil prices elevated. Meanwhile, the European Central Bank is widely expected to raise interest rates by 25 basis points at its June 2026 meeting, marking its first hike since 2023. The anticipated tightening comes as inflationary pressures build following the energy shock triggered by the conflict with Iran. Investors will also focus closely on the central bank’s forward guidance, with expectations that policymakers could deliver at least one additional rate hike this year.
2026-06-11