Reported about 11 hours ago
As Europe seeks to increase defense spending, investors are starting to expect a new wave of joint European borrowing. Despite initial concerns about rising expenditures, the bond market's modest reaction suggests that investors believe increased borrowing is manageable. Analysts speculate potential joint defense bonds may emerge, especially as the EU aims to address a projected need for 500 billion euros in investments over the next decade. The outlook for a collective funding approach is gaining traction, with investors eager to see how additional defense spending might boost economic growth.
Source: YAHOO