💨 Abstract

Global financial markets are experiencing a radical readjustment due to the seismic shift in German defense and infrastructure spending following the U.S. President's transatlantic policy change. The European Central Bank is expected to cut interest rates, while a global bond market selloff continues. The German 10-year Bund yield rose significantly, and the euro reached a 4-month high against the dollar.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖