ECB Rate Hike Sends European Stocks Down As Bond Yields Hit 15-Year Highs
European stocks fell after the ECB raised interest rates by 0.25%, warning that inflation could remain above target for longer. Investors are now pricing in the possibility of more rate hikes, while rising bond yields add pressure on markets. Germany’s growing debt burden and higher defence spending are also raising concerns.
#ECB #EuropeanMarkets #InterestRates #Inflation #Germany #BondYields #EuropeanEconomy
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