On that market response to Germany deploying fiscal policy and the plethora of obviously wrong market reads from Germany and the Netherlands.
@rajakorman.bsky.social nails it here in the FT.
The best part?
1/2
@sandertordoir.bsky.socialSo our friends who write for Northern European newspapers: I get it, nominal yield jumps trigger the Calvinist and frugal genes.
But the euro and stocks are up too. Hu hu.
