Reported 2 days ago
Germany's new fiscal policy, which includes a €500 billion infrastructure fund and revisions to borrowing rules, is set to reshape global bond markets by increasing the availability of safe-haven debt and raising government bond yields. Investors are responding with significant sell-offs in German bonds, anticipating a shift towards higher yields, potentially over 3%, and influencing borrowing costs across Europe. This change may lead to a lasting impact on market dynamics and expectations for growth in the eurozone.
Source: YAHOO