Germany is about to enter what its next chancellor, Friedrich Merz, calls a historic “whatever it takes” moment of significant fiscal expansion to ramp up military spending and boost its economy, which is denting the appeal of the U.S. dollar and long-dated Treasurys.
Source: https://www.marketwatch.com/story/why-1 ... topstories
Why 10-year Treasury note, dollar are getting hit by Germany’s spending plans
