Germany's Fiscal Policy Shifts Bond Yields
This is a Germany news story, published by Yahoo Finance, that relates primarily to Vasileios Gkionakis news.
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German yieldsReuters
•Business
Business & Economics
Analysis-German spending boost to leave lasting impact on world bond markets

79% Informative
A sea change in German fiscal policy is rapidly transforming global bond markets.
Germany 's bond market suffered its biggest weekly selloff since the 1990s , pushing 10-year bond yields up 40 bps to around 2.9% .
The parties hoping to form Germany 's next government agreed last week to create a 500 billion euro ( $543 billion ) infrastructure fund.
Aviva Investors senior economist Vasileios Gkionakis estimates fair value for German yields at 3.1-3.2% .
"Historically when you come from below fair value you don't just hit that, you can go as much as 50 bps higher," he said.
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