Germany 10Y Bond Yield was 2.79 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 10-Year Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

U.S. ten-year government bonds have provided significantly higher yields compared to German ten-year bonds since 2008, with the former yielding 4.36 percent in November 2024 compared to 2.31 percent for the latter. Being safe but low-return investments, treasury bond yields are generally considered an indicator of investor confidence about the economy. A rising yield indicates falling rates and falling demand, meaning that investors prefer to invest in higher-risk, higher-reward investments; a falling yield suggests the opposite.

The average yearly yield of German10-year government bonds has shown a significant downward trend from 1990 to 2023. Starting at nearly nine percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of -0.51 percent in 2020. After 2020, yields began to rise again, reflecting recent increases in interest rates and inflation expectations. This long-term decline indicates decreasing inflation and interest rates in Australia over the past decades, with recent economic conditions prompting a reversal in bond yields.

Germany Zero Coupon Bond Yield: Listed Fed Sec: Residual Mat: 10 Years data was reported at 2.420 % pa in Feb 2025. This records a decrease from the previous number of 2.510 % pa for Jan 2025. Germany Zero Coupon Bond Yield: Listed Fed Sec: Residual Mat: 10 Years data is updated monthly, averaging 5.335 % pa from Sep 1972 (Median) to Feb 2025, with 630 observations. The data reached an all-time high of 11.300 % pa in Jul 1974 and a record low of -0.710 % pa in Aug 2019. Germany Zero Coupon Bond Yield: Listed Fed Sec: Residual Mat: 10 Years data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.M015: Listed Federal Securities: Zero Coupon Bond Yield.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Germany (IRLTLT01DEM156N) from May 1956 to Feb 2025 about long-term, Germany, 10-year, bonds, yield, government, interest rate, interest, and rate.

Key information about Germany Short Term Government Bond Yield

• Germany Short Term Government Bond Yield: Daily: Germany: 2 Years was reported at 2.15 % pa in Mar 2025, compared with 2.13 % pa in the previous day.
• Germany Short Term Government Bond Yield data is updated daily, available from Jan 2014 to Mar 2025.
• The data reached an all-time high of 3.34 % pa in Mar 2023 and a record low of -1.02 % pa in Mar 2020.
• Short Term Government Bond Yield is reported by CEIC Data.

Germany 30 Year Bond Yield was 3.11 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 30 Year Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

German government bond (Bund) yields mostly decreased between October 2023 and October 2024. For instance, the 1-year bond yield dropped from 3.58 percent to 2.58 percent, and the 30-year yield fell from three percent to 2.52 percent. The decline in yields was consistent across both short- and long-term maturities during this period.

Germany Outstanding Securities: Corporate Bonds data was reported at 473.066 EUR bn in Dec 2024. This records an increase from the previous number of 465.103 EUR bn for Nov 2024. Germany Outstanding Securities: Corporate Bonds data is updated monthly, averaging 3.677 EUR bn from Oct 1948 (Median) to Dec 2024, with 915 observations. The data reached an all-time high of 473.066 EUR bn in Dec 2024 and a record low of 0.005 EUR bn in Dec 1948. Germany Outstanding Securities: Corporate Bonds data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.Z013: Outstanding Securities.

Securities with a maturity date of ten years were the most important aspect of Germany's government debt in 2015, 2020, 2023, and 2024. 10-year federal bonds consistently make up nearly half of all outstanding government debt securities throughout the period considered.

Germany Government Bonds Yield: Outstanding: European data was reported at 3.000 % pa in Jan 2025. This records an increase from the previous number of 2.700 % pa for Dec 2024. Germany Government Bonds Yield: Outstanding: European data is updated monthly, averaging 3.950 % pa from Jul 1992 (Median) to Jan 2025, with 391 observations. The data reached an all-time high of 10.140 % pa in Aug 1992 and a record low of -0.200 % pa in Jan 2021. Germany Government Bonds Yield: Outstanding: European data remains active status in CEIC and is reported by Deutsche Bundesbank. The data is categorized under Global Database’s Germany – Table DE.M008: Government Bonds Yield.

The money market yield on German one-year treasury discount papers nearly reached 3.24 percent on June 9, 2024. This value is considerably higher than the values of -0.8 found in March 2020, as investors were looking for secure investments during the financial crash caused by the global coronavirus (COVID-19) pandemic. Negative bond yields mean that investors receive less money at the bond's maturity than the original purchase price of the bond, owing to high demand for the bond on money or capital markets.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for Germany (IRLTCT01DEQ156N) from Q1 1960 to Q4 2023 about 1 year +, long-term, Germany, bonds, yield, government, interest rate, interest, and rate.

In 2023, the biggest green bond issuer in Germany was the Federal Republic of Germany, with 18.7 billion U.S. dollars worth of green bonds issued in 2023. KfW and Deutsche Bank were also the other two largest issuers in the country, with bonds amounting to 14 billion U.S. dollars and 3.8 billion U.S. dollars, respectively.

Germany DE: Government Bond Yield: Long Term data was reported at 0.283 % pa in 2017. This records an increase from the previous number of 0.090 % pa for 2016. Germany DE: Government Bond Yield: Long Term data is updated yearly, averaging 6.233 % pa from Dec 1957 (Median) to 2017, with 61 observations. The data reached an all-time high of 10.383 % pa in 1974 and a record low of 0.090 % pa in 2016. Germany DE: Government Bond Yield: Long Term data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Germany – Table DE.IMF.IFS: Treasury Bill and Government Securities Rates: Annual.

Germany 1 Year Bond Yield was 2.04 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. Germany 12 Month Bubill Yield - values, historical data, forecasts and news - updated on March of 2025.

Germany Index: Bond: REX data was reported at 456.396 30Dec1987=100 in Feb 2025. This records an increase from the previous number of 452.135 30Dec1987=100 for Jan 2025. Germany Index: Bond: REX data is updated monthly, averaging 330.235 30Dec1987=100 from Jan 1991 (Median) to Feb 2025, with 410 observations. The data reached an all-time high of 505.602 30Dec1987=100 in Aug 2019 and a record low of 109.780 30Dec1987=100 in Jan 1991. Germany Index: Bond: REX data remains active status in CEIC and is reported by Deutsche Börse Group. The data is categorized under Global Database’s Germany – Table DE.Z001: Stock Exchange Index.

In January 2020, prior to the onset of the global coronavirus (COVID-19) pandemic, three of the seven largest economies by GDP had negative yields for two-year government bonds (Japan, Germany and France). With the onset of the pandemic, two-year bond yields in these countries actually rose slightly - in contrast to the other major economies, where yields fell over this period. As of December 2024, yields for two-year government bonds exhibited fluctuations across all countries. Notably, Japan showed a slight upward trend, while China experienced a modest decline.Negative yields assume that investors lack confidence in economic growth, meaning many investments (such as stocks) may lose value. Therefore, it is preferable to take a small loss on government debt that carries almost no risk to the investor, than risk a larger loss on other investments. As both the yen and euro are considered very safe assets, Japanese, German and French bonds were already being held by many investors prior to the pandemic as a hedge against economic downturn. Therefore, with the announcement of fiscal responses to the pandemic by many governments around March 2020, the value of these assets rose as confidence increased (slightly) that the worst case may be avoided. At the same time, yields on bonds with a higher return fell, as investors sought out investments with a higher return that were still considered safe.

As of January 7, 2025, Germany's bond market displayed a positive spread of 28.1 basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 5-year versus 2-year spread was also positive, at 7.8 basis points. On the other hand, the 2-year versus 1-year spread was negative, at -15 basis points, suggesting a mildly inverted yield curve in shorter maturities. Negative spreads indicate a (partially) inverted yield curve. This often signals investor pessimism about short-term economic prospects, as investors seek the relative safety of long-term bonds, pushing those yields down relative to shorter-term bonds. An inverted yield curve is typically interpreted as a potential indicator of economic slowdown or recession, as it reflects expectations of lower interest rates in the future to stimulate the economy.

Graph and download economic data for Bond Yields for Berlin, Germany (M1328CDE00BERM156NNBR) from Jan 1926 to Mar 1935 about Berlin, Germany, bonds, yield, interest rate, interest, and rate.