Why does the one-year maturity fluctuate sharply ahead of interest rate decisions?

Because this timeframe most directly reflects investors' expectations regarding the central bank's upcoming policy steps.

When is this data updated?

The data is updated continuously on every business day of the regional financial market.

Should this data be used to forecast long-term inflation?

No, because a one-year horizon is too short and is driven more by policy factors than structural inflation expectations.

European Union 1-Year Government Bonds Yield

Name: European Union 1-Year Government Bonds Yield
Creator: European Central Bank (ECB Data Portal)
License: https://creativecommons.org/licenses/by/4.0/

European Union 1-Year Government Bonds Yield stood at 2.76% on Sep 2, 2026, according to European Central Bank (ECB Data Portal). It is one of the indicators in the Yields on government bonds table (Value · Daily), with a complete series running from Sep 6, 2004 to Sep 2, 2026. The complete series with an interactive chart, free to download.

Source: European Central Bank (ECB Data Portal)Last updated: Sep 04, 2026, 04:40 UTCCurated by Bui Thanh Phuc

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This indicator in the Yields on government bonds table

Indicator	02-09-2026	01-09-2026	31-08-2026	28-08-2026	27-08-2026	26-08-2026	25-08-2026	24-08-2026	21-08-2026	20-08-2026
1 year	2.76	2.73	2.71	2.68	2.67	2.65	2.65	2.68	2.65	2.67
2 years	2.91	2.88	2.86	2.81	2.79	2.76	2.75	2.8	2.76	2.79
3 years	2.97	2.93	2.91	2.85	2.83	2.8	2.79	2.84	2.81	2.84

Understanding european Union 1-Year Government Bonds Yield

The European Union one-year government bonds yield measures the interest rate required by the market when lending to the monetary union over a one-year period through benchmark debt instruments. Unlike ultra-long or medium-term maturities, this debt product is extremely sensitive to changes in short-term monetary policy orientation and the block's key interest rate decisions. The data scope includes only debt transactions issued directly by member governments meeting high liquidity standards, completely excluding less transparent private or local debt.

When analyzing the chart, viewers should note that this is daily trading session data, so short-term fluctuations frequently appear due to sudden changes in market sentiment. Therefore, comparing today's yield level with the preceding session is more useful for capturing sentiment momentum than looking solely at the year-on-year change, which serves a long-term reference purpose. Periods of high volatility in global financial markets may distort capital flows shifting into this risk-free asset.

Frequently asked questions

Why does the one-year maturity fluctuate sharply ahead of interest rate decisions?: Because this timeframe most directly reflects investors' expectations regarding the central bank's upcoming policy steps.
When is this data updated?: The data is updated continuously on every business day of the regional financial market.
Should this data be used to forecast long-term inflation?: No, because a one-year horizon is too short and is driven more by policy factors than structural inflation expectations.