Reported about 7 hours ago
The bond market is experiencing renewed momentum in Europe, particularly due to Germany's announced plans to invest heavily in defense and infrastructure. This has led to a significant sell-off in long-term German bonds, prompting investors to bet on a steepening yield curve where long-term securities underperform shorter ones. As government spending ramps up, analysts predict higher returns on long-term debt could prevail, though opinions differ on how far yields will rise.
Source: YAHOO