FXStreet (Mumbai) - The yield on the German 2-year bund yield dropped to a record low after Draghi said policymakers discussed further cut in the deposit rate. The yield now trades around -0.307%; down 5.6 basis points (bps). The benchmark 10-yr yield weakened almost 5 basis points to 0.525%. The US-German 10-yr yield spread advanced to 150 basis points from 146 basis points seen ahead of the ECB rate decision. For more information, read our latest forex news.