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Rising Yields: Defense Spending and UK Wage Growth Surge

2/18/2025

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Summary

Story summary

German 10-year bond yields increased due to rising defense spending concerns linked to the Ukraine conflict.
UK wage growth surpassed forecasts, challenging the Bank of England's potential for monetary easing.
Defense stocks rallied as Europe prepares for new funding initiatives before the March summit.
US Treasury yields rose after the holiday, with stock futures suggesting positive openings on Wall Street.

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Story summary

German 10-year bond yields increased due to rising defense spending concerns linked to the Ukraine conflict.
UK wage growth surpassed forecasts, challenging the Bank of England's potential for monetary easing.
Defense stocks rallied as Europe prepares for new funding initiatives before the March summit.
US Treasury yields rose after the holiday, with stock futures suggesting positive openings on Wall Street.