(Feb 4): The yield on German 30-year bonds has climbed to the highest level since 2011 as investors demand higher compensation in response to a surge in government debt issuance. The additional premium demanded to hold 30-year notes over five-year peers has risen to 108bps, close to a seven-year high. Japan’s 30-year yield rose to an all-time high last month, and analysts are watching closely to see whether US peers will breach 5% for the first time since July. A number of euro area nations also received record orders for their bonds last month. A Bloomberg gauge of German debt is up 0.3% this year, lagging French and Italian peers.

Source: The Edge Markets February 03, 2026 16:44 UTC