Bund yields spike after Merz vows ‘whatever it takes’ on defence

Ukraine president Zelensky with the Dutch and Luxembourg prime ministers on Thursday in Brussels. Photo by EU.
Ukraine president Zelensky with the Dutch and Luxembourg prime ministers on Thursday in Brussels. Photo by EU.
World financial markets remained in a radical readjustment phase on Thursday as the implications of Germany’s fiscal shift continued to reverberate across global debt markets.

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