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German 2-year yields fall as Trump tariffs unnerve investors

ReutersFeb 3, 2025 7:19 AM

- Euro zone bond yields fell in early trade on Monday after U.S. President Donald Trump's tariffs on Canada, Mexico and China fuelled fears of a trade war and a lower global growth, prompting investors to seek out safe-haven assets.

Germany's rate sensitive two-year yield was down 5 bps at 2.063%, DE2YT=RR in early trading, while the benchmark 10-year yield was last flat at 2.461% DE10YT=RR, broadly in the middle of its recent range.

Italy's 10-year yield IT10YT=RR was up 1 bps at 3.562%.

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