Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
How the ECB Rate Hike Is Reshaping Southern European Bonds
The European Central Bank surprised markets on June 11 by hiking rates for the first time since 2023, citing a surge in energy costs linked to the Iran conflict. But the impact isn't uniform across the Eurozone. In this episode, Lucas and Luna zoom in on Italy's ten-year bond yield—which jumped 35 basis points after the announcement—and explain why Portugal and Spain are outperforming. They unpack the growing divergence within the 'periphery', the role of the ECB's Transmission Protection Instrument, and what it means for the euro's trajectory. With Southern…
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