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Bund yields near the August high with fresh energy subsidies in sight
Rising bund yields reflect the difficult predicament for German policymakers.German borrowing costs threatened the highest levels since 2011 and the rise came in part due to reports that energy subsidies are being pondered for German industry.I wrote at the end of August about signs that Germany's government had rejected power subsidies and the economic pain that might cause. On the weekend, Handelsblatt reported that the federal government has found a way to remove a the financing hurdle. The s...
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Posted: Sep 18 2023, 18:42
Author Name: forexlive
Views: 112545