German 2-Year Treasury Yield Falls About 11 Basis Points as Investors Focus on Declining Oil Prices
In the late European session on Tuesday (April 14), the German 10-year Treasury yield fell 7.1 basis points, reaching a daily low of 3.022%. It remained stable below 3.060% before 19:00 Beijing time, touched a daily high of 3.075% at 19:09, and then accelerated its decline around 22:00.
The 2-year German bond yield fell 10.7 basis points to 2.538%, trading within the range of 2.620%-2.538% for the day; the 30-year German bond yield dropped 3.5 basis points to 3.581%.
From the early Asian session until 20:00, WTI crude oil futures repeatedly tested the $98 per barrel level without success, after which they continued to widen their losses.
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