23 Days
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الاقتصادية
European rate hikes raise stakes
German and Italian government bond yields rose as expectations grew that the European Central Bank will implement additional interest rate hikes, likely reaching 2.67% by December, with three increases possibly occurring over the course of the year. This comes amid oil prices rising for three consecutive days, heightening concerns about the impact of the energy shock on the European economy and inflation. Additionally, yields on German and Italian bonds increased, as pressures on European debt markets persist due to geopolitical tensions and monetary tightening.
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