A rise in #German bond yields, as investors anticipate Chancellor Merz’s historic €1tn #spending splurge on #defence and #infrastructure, have helped to push down spreads, chart @FT
https://www.ft.com/content/aed1d2d0-bef7-4038-998a-806b9ff3c456
(note to self: first spend, then save)
The #neoliberal unhinged #austerity approach is almost always an attack on public sector under the guise of #fiscal responsibility …