12 Hrs
Source:
الاقتصادية
Germany drives record European bond sales
Reports indicate that Germany and the Eurozone are issuing record amounts of bonds, leading to European bond yields reaching their highest levels in years, especially amid rising inflation concerns linked to the ongoing war with Iran. The yield on 30-year German bonds increased to 3.79%, the highest since 2011, driven by a surge in bond issuance to fund security and defense spending following Russia's invasion of Ukraine. Experts forecast that European government bond issuances will reach a record €1.54 trillion by 2027, as governments continue borrowing to support their economies and make substantial long-term investments, despite rising borrowing costs and the impact on economic growth.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)