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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany 15-Year Bund Auction fell to 3.3% in May 2026
FMPMonthlyReleased May 2026
Germany 15-Year Bund Auction fell to 3.3% in May 2026, down 0.04% from April's 3.34% reading.
Latest Release
3.300000
Actual
—
Consensus
3.340000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.60 | COMMODITIES | Bullish XAU | → View |
| BTC/USD | ▼ Inverse | −0.35 | CRYPTO | Bearish BTC | → View |
| EUR/JPY | ▼ Inverse | −0.32 | FOREX | Bearish EUR | → View |
| EUR/GBP | ▼ Inverse | −0.28 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
15-Year Bund Auction (Germany) was reported at 3.3% in May 2026. The reading fell from the previous value of 3.34%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 3.1%, ranging from 2.96% to 3.3% across 8 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.23%, up from the prior three at 3.01%. Volatility over the past year (σ 0.12%) is lower than the prior year (σ 0.19%). In May readings over the past 3 years, 15-Year Bund Auction has averaged 2.98%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Wholesale Prices MoM (Jun 15) and Wholesale Prices YoY (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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15-Year Bund Auction - DE
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About 15-Year Bund Auction — Germany
DEFINITION
The 15-Year Bund Auction is a financial indicator that measures the interest rate at which the German government borrows money by selling 15-year bonds to investors. This auction is closely monitored by financial markets as it reflects the confidence and stability of the German economy, and can impact global interest rates and bond yields. A successful auction with low interest rates indicates a strong economy, while a high interest rate may signal potential economic concerns.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 3.3 %. Prior reading (Apr 2026): 3.34 %. Before that (Mar 2026): 3.29 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.60) — a useful reference for commodities-focused traders.