Government bonds are issued and backed by the German government denominated in euro currency. The yield on the bonds represents the return investors require for taking the risk to lend the government with their money. All other things equal, the lower the yield the lower the expectations of a default and vice versa. The prices of the bond are inversely related to the bond’s yield. The 10 Year Bond Yield is published daily by the German Department of Treasury.

 German Government Bond 10Y

On 19th of July the 10-year bond yield fell by 0.01% to 0.55% from 0.55% the previous day.  Historically the yield reached an all-time high of 10.8% in September 1981 and an all-time low of -0.19% in July 2016.