23.02.202609:01:45UTC+00German 10-Year Bund Yield Falls on Trade Tensions

Germany’s 10-year Bund yield fell to 2.73%, its lowest level since late November, as renewed uncertainty over US trade policy boosted demand for safe-haven government debt. Over the weekend, US President Donald Trump announced he would raise a temporary tariff on imports from 10% to 15%, after the Supreme Court on Friday blocked his broader tariff package.

In parallel, EU Trade Commissioner Maroš Šefčovič held talks with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, as Brussels sought clarity on Washington’s intentions. The fast-moving developments prompted a senior lawmaker to call on the European Parliament to delay a vote on legislation implementing the EU’s side of the agreement.

Investors are now focused on upcoming inflation releases from Germany, France, and Spain for further signals on how the stronger euro may shape price pressures and influence the European Central Bank’s policy outlook.