27.10.202512:44:35UTC+00German 10-Year Yield Near Two-Week High

Germany's 10-year Bund yield maintained a level around 2.63%, marking its highest in almost two weeks, as investors prepared for an eventful period featuring global trade discussions, decisions from major central banks, and significant economic data releases. Market sentiment received a boost due to renewed optimism about US-China trade discussions, with Presidents Trump and Xi Jinping scheduled to meet on Thursday to finalize the preliminary deal framework discussed over the weekend. Concurrently, expectations are set for the European Central Bank to maintain current interest rates at its meeting on Thursday, while the US Federal Reserve is anticipated to reduce borrowing costs in response to a softening labor market and inflation figures falling short of expectations. Within Germany, upcoming releases of flash third-quarter GDP figures, October's inflation rates, and consumer sentiment data are anticipated later in the week. Importantly, the Ifo business climate index exceeded expectations in October, indicating some resilience in Europe’s largest economy.