Reported about 11 hours ago
German bonds saw significant gains following the approval of a major spending package aimed at boosting defense and infrastructure investment. The benchmark 10-year yields dipped to their lowest in two weeks as investor focus shifts to the implementation speed of Chancellor-elect Friedrich Merz's plans. The recent approval has opened up hundreds of billions of euros for borrowing, generating cautious optimism among investors despite potential risks from slow spending and upcoming trade tariffs.
Source: YAHOO