Reported about 17 hours ago
The Bank for International Settlements (BIS) has noted positive market reactions to Europe's plans for increased defense spending, despite typically voicing concerns over rising debt. The BIS's latest report indicates that while U.S. tariffs have created market uncertainty, it expects the global economy to stabilize without entering a recession. The report emphasizes different dynamics in bond yield spikes in Europe compared to crisis periods, suggesting potential economic growth amid Europe's defense initiatives.
Source: YAHOO