El-Erian says France is driving a new rise in European government bond yields, calling it the region’s high beta bond market. The move is closely linked to U.S. Treasuries, though sensitivity varies across Europe.
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El-Erian says France is driving a new rise in European government bond yields, calling it the region’s high beta bond market. The move is closely linked to U.S. Treasuries, though sensitivity varies across Europe.
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