I traded Bunds (and other European interest rates) for many years. About 2:00 am Eastern time in the US equates to 8:00 am Frankfurt Germany time - that's approximately when the day's first and largest liquidity surge happens. You will also see a smaller liquidity surge at about 9:00 am Eastern time in the US which equates to 3:00 pm in Frankfurt, Germany. The US Civilian Unemployment release sometimes has an impact on the Bund. There used to be a very high correlation between the US Ten Year and the Bund - please be aware that is no longer the case. The most important economic release is the ZEW Index. I have provided a link to it below: https://www.zew.de/en/publikationen...ngsberichte/konjunktur/zew-finanzmarktreport/ Please be aware that the ZEW information is leaked to the big German Banks prior to the public release.