Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Europe's Bond Market Is Splitting in Two
European government bonds are diverging sharply, with core countries like Germany borrowing at record-low yields while peripheral nations pay a widening premium. Lucas and Luna unpack the structural forces behind this split—from the ECB's tightening stance to fiscal fragmentation—and what it means for investors, banks, and the future of the euro. They anchor the discussion in the latest data: the euro's flat 1.17 level and the trade-weighted dollar dip. Drawing on recent episodes on wage growth and services inflation, they argue the bond market is pricing in a two-speed Europe, and…
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