YieldMeisterGermany · Government bonds
German government bond yields today
The 2-year Schatz yields 3.09% and the 10-year Bund 3.53%, a 2s10s slope of +0.44 points. Figures from the Deutsche Bundesbank and the German Finance Agency, updated 2026-10-10.
| Maturity | Yield | Source | Date |
|---|---|---|---|
| 1-year | 2.92% | German Finance Agency | 2026-10-10 |
| 2-year Schatz | 3.09% | German Finance Agency | 2026-10-09 |
| 5-year | 3.21% | German Finance Agency | 2026-10-10 |
| 10-year Bund | 3.53% | German Finance Agency | 2026-10-10 |
What the Schatz, Bobl and Bund are
Germany borrows through Bubills (under a year), Schätze (2-year notes), Bobls (5-year) and Bunds (10 and 30 years). Because Germany is the euro area's benchmark issuer, the Schatz yield is a close read of where markets expect the ECB's rates to be over the next two years, and the Bund is the reference for long-term euro borrowing. A yield is the annual return if you buy at today's price and hold to maturity.
Compare with what you can get on cash: broker & neobank cash rates, German term deposits (Festgeld), European T-bills.
2-year Schatz yield history
Each row is a day the published yield changed (source ↗).
| Date | Yield |
|---|---|
| 2026-10-09 | 3.09% |
| 2026-10-07 | 3.08% |
| 2026-10-06 | 3.02% |
| 2026-10-02 | 3.20% |
| 2026-10-01 | 3.25% |
| 2026-09-30 | 3.30% |
| 2026-09-29 | 3.33% |
| 2026-09-26 | 3.29% |
| 2026-09-25 | 3.31% |
| 2026-09-24 | 3.24% |
| 2026-09-23 | 3.21% |
| 2026-09-22 | 3.23% |
| 2026-09-19 | 3.25% |
| 2026-09-17 | 3.26% |
| 2026-09-16 | 3.27% |
| 2026-09-15 | 3.25% |
| 2026-09-12 | 3.18% |
| 2026-09-11 | 3.06% |
| 2026-09-10 | 3.03% |
| 2026-09-09 | 3.01% |
| 2026-09-05 | 2.96% |
| 2026-09-04 | 2.98% |
| 2026-09-03 | 3.01% |
| 2026-09-01 | 2.92% |
| 2026-08-29 | 2.86% |
| 2026-08-28 | 2.85% |
| 2026-08-27 | 2.79% |
| 2026-08-26 | 2.86% |
| 2026-08-25 | 2.84% |
| 2026-08-22 | 2.83% |
| 2026-08-21 | 2.86% |
| 2026-08-20 | 2.85% |
| 2026-08-19 | 2.83% |
| 2026-08-18 | 2.80% |
| 2026-08-15 | 2.78% |
| 2026-08-14 | 2.77% |
| 2026-08-13 | 2.79% |
| 2026-08-12 | 2.82% |
| 2026-08-08 | 2.76% |
| 2026-08-07 | 2.74% |
| 2026-08-06 | 2.72% |
| 2026-08-05 | 2.78% |
| 2026-08-04 | 2.76% |
| 2026-08-01 | 2.78% |
| 2026-07-31 | 2.80% |
| 2026-07-30 | 2.77% |
| 2026-07-29 | 2.76% |
| 2026-07-28 | 2.79% |
| 2026-07-25 | 2.84% |
| 2026-07-24 | 2.87% |
| 2026-07-23 | 2.81% |
| 2026-07-22 | 2.77% |
| 2026-07-21 | 2.78% |
| 2026-07-18 | 2.77% |
| 2026-07-17 | 2.75% |
| 2026-07-16 | 2.74% |
| 2026-07-15 | 2.78% |
| 2026-07-14 | 2.67% |
| 2026-07-11 | 2.65% |
| 2026-07-09 | 2.67% |
| 2026-07-08 | 2.57% |
| 2026-07-04 | 2.52% |
| 2026-07-03 | 2.53% |
| 2026-07-02 | 2.52% |
| 2026-07-01 | 2.51% |
| 2026-06-30 | 2.53% |
| 2026-06-27 | 2.51% |
| 2026-06-26 | 2.54% |
| 2026-06-25 | 2.56% |
| 2026-06-24 | 2.57% |
| 2026-06-20 | 2.63% |
| 2026-06-19 | 2.61% |
| 2026-06-17 | 2.56% |
| 2026-06-16 | 2.55% |