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German 10Y yield rises for 6th day, hits 3.376%, highest since 2011

German 10-year Bund yields rose 3.2 basis points on Wednesday to 3.376%, marking a sixth consecutive daily gain and a cumulative 17.5 bps increase over that period. The yield touched intraday levels near 3.395%, approaching the 2011 Q2 peak of 3.505%. Two-year yields also rose 3.2 bps to 3.376%, while 30-year yields added 1.8 bps to 3.835%. French, Italian, Spanish, and Greek yields also advanced.

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