Definition. Germany 10Y-2Y Yield Spread is the yield curve spread between German 10-Year and 2-Year government bond yields, used as an indicator of Euro Area monetary policy expectations and economic outlook.

Technical. Computed as the 10-Year yield close minus the 2-Year yield close. On non-trading periods (weekends, market holidays, and outside market hours for intraday resolutions), the underlying yields are forward-filled from the last trading session's close price. Daily resolution has data since January 2009. Intraday resolutions (10m, 1h) have shorter history.

Interpretation. A positive spread reflects an upward-sloping curve. A negative spread reflects inversion at this segment.