DE · EUR · HISTORICAL TERM STRUCTURE

Germany Yield Curve

Germany provides the core sovereign reference curve for the euro area. Bund yields are closely tied to ECB policy expectations, regional safe-haven demand and the relative scarcity of high-quality euro collateral.

CurveModeled German Federal securities yield curve
FrequencyDaily
ArchiveDaily modeled Federal securities curve from the late 1990s onward
Official sourceDeutsche Bundesbank

Reading the Germany yield curve

The German curve often carries more than a domestic growth signal. It also reflects euro-area monetary policy, fragmentation risk and demand for benchmark collateral, making its slope especially useful when comparing policy regimes across Europe.

BondStats keeps the official source methodology visible because cross-country curve comparisons require context. A modeled par or constant-maturity curve is not identical to a set of benchmark bond yields, even when both are displayed by maturity. The database therefore preserves the source definition instead of blending unlike series into a synthetic national curve.

Available maturities

6M1Y2Y3Y5Y7Y10Y15Y20Y30Y

Historical analysis

The live Curve Atlas allows the market’s historical observations to be moved through sequentially and compared with an earlier date. This makes it possible to study inversion, flattening, steepening and regime shifts as changes in the entire term structure rather than isolated movements in one benchmark yield.

OPEN LIVE GLOBAL YIELD CURVE DATABASE →