Germany 10-Year Government Bond Yield

The yield on 10-year German government bonds (Bunds), a market gauge of inflation and interest-rate expectations.

3.47%

+0.28pp vs Aug 2026

Sep 2026 · Monthly data

Not applicable, interest rates are not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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10-Year Government Bond Yield

Jan 1970 to Sep 2026

Source: FRED series IRLTLT01DEM156N · monthly average.

Germany 10-Year Government Bond Yield in context

Worked out from the published series shown above.

In Germany, the 10-year government bond yield rose by 0.78pp over the year to Sep 2026, from 2.69% in Sep 2025.

It is the highest reading since Jun 2009.

Over the past five years it has ranged from −0.38% in Dec 2021 to 3.47% in Sep 2026.

Its average since Jan 1970 is 5.03%, and the latest reading is below that.

Germany is 35th of 44 countries in our 10-Year Government Bond Yield by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
FRED
Series
IRLTLT01DEM156N
Frequency
Monthly
Unit
%
Seasonal adjustment
Not applicable, interest rates are not seasonally adjusted
Latest observation
Sep 2026
Revision status
Market price, not revised

This is not the ECB's own policy rate.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

More Germany indicators

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