The yield on Germany's two-year government bond rose by 2 basis points the day after Wosch's debut.
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The yield on the two-year German bund rose by 2.0 basis points to 2.607%. After the debut of Federal Reserve Chairman Kevin Walsh, it gapped up to 2.827% before quickly retracing to 2.619%, spending most of the day trading near that level. The yield on the 30-year German bund fell by 1.3 basis points to 3.468%, remaining stable at this level after opening lower with a gap. The spread between the 2-year and 10-year German bund yields narrowed by 1.935 basis points to +32.060 basis points, and plunged to +24.881 basis points at 14:27 (UTC+8).
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