German Two-Year Bond Futures Trading Halted Amid Volatility

Trading in two-year German bond futures was halted twice on Monday, leaving traders struggling to keep up with swings triggered by US President Donald Trump’s decision to back down from strikes on Iran’s energy infrastructure.

It’s the first time that trading in so-called Schatz futures was interrupted since March 2023, when the European Central Bank hiked its key interest rate by 50 basis points. On Monday, the contracts swung from losses to gains following Trump’s comments.