German Bonds Surge After Landmark Spending Package Approval

Reported about 9 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

View details

You may also interested in these wikis

Back to all Wikis