Reported about 16 hours ago
German bond yields have surged the most since mid-2022 as investors anticipate significant borrowing to fund defense and infrastructure investments, following a sweeping fiscal overhaul proposal by incoming Chancellor Friedrich Merz. The euro has also risen to a four-month high, with a strong demand for new 30-year bonds, signaling a shift in Germany's fiscal approach that may boost the European economy.
Source: YAHOO