As you could remember during the last Greek crisis the Bund Yield fell even to negative territory, this was due the haven factor in the biggest economy in EZ
Now that every body says that the situation is much better than in the 2012 the Yield (as you can see in brown, remember that the price of Bund is inverse to it's yield) is even lower. Why?
The mail reason...
Like the title shows, this seems like a good risk/reward trade.
Time target is 16 days initially, but can evolve into a larger position trade as well.
Once target one is reached, trailing the stop to break even might be a good idea.
Good luck!