The sell-off in global bonds has deepened following Germany’s surprise move, sparking concerns about the European economy. Markets were jolted by the news, leading to an increase in bond yields and a decline in investor confidence. This development has significant implications for investors worldwide, highlighting the interconnectedness of global financial markets.
Source: https://www.ft.com/content/06fa0c14-2deb-4aee-9189-1323beb1846e