Loading…
Loading…
Demand for mortgages in the euro zone fell sharply in three months to September as interest rates rose and credit became harder to get, a European Central Bank poll showed on Tuesday.
As a selloff in French government bonds deepens, the region's debt-laden economies risk a surge in borrowing costs while also grappling with increasing social unrest.
Euro zone consumer confidence falls to -17.9 in October
France faces a severe fiscal, debt, and political crisis, with its 10Y bond yield surging to ~5%, the highest since 2002. The deficit/GDP ratio remains far above the EU's 3% threshold, with public debt projected to reach 118% of GDP by 2026.
ECB says AI, greener economy help euro zone weather energy shock
IMF expects at least one more 25 bps ECB rate hike in 2026
What's happening in France is staying in France bond-wise for now. That's a good thing.
Wages aren't rising at a rate that would trigger inflation alarms, European Central Bank Chief Economist Philip Lane said Thursday.