2-year German bond yields close the gap from yesterday’s lower open | Forexlive

This exemplifies the more hopeful market mood since the turnaround ahead of US trading yesterday. The recovery in the risk mood is carrying over and it is also evident in Treasury yields. 2-year yields in the US are now up 10 bps to 4.02% with traders starting to pare back safety bets as the banking turmoil eases.