Reported about 13 hours ago
Bond yields surged as European leaders discussed increased support for Ukraine and heightened security measures, signaling a likely spike in defense spending. Germany's 30-year securities saw a significant rise, while UK and French yields also increased. The discussions included proposals for substantial funds for defense and infrastructure, raising positive sentiments among investors. As euro-area inflation slowed less than anticipated, the euro appreciated against the dollar, boosting global market confidence.
Source: YAHOO