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Germany's 30-year bond yield rose to its highest since 2011, signaling fiscal concerns.
Summary
Germany's 30-year government bond yield reached its highest level since 2011, reflecting global concerns about fiscal sustainability. This rise in bond yields is a significant economic indicator, potentially impacting international financial markets and investment strategies.
Key Points
- Germany's 30-year bond yield hit a 14-year high.
- The peak was observed on Monday.
- The rise is attributed to concerns about fiscal sustainability.
- The last time yields were this high was in 2011.
Full Article
Germany's 30-year government bond yield rose to its highest since 2011 on Monday, as longer-dated bonds remained weak across the globe on concerns about fiscal sustainability.
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