B · Normal
[German expert: Changes in U.S. bond yields affect many countries and push up financing costs] September 4th, the U.S. long-term Treasury bond yields have recently risen to a nearly 20-year high, driving the global Treasury bond yields higher. In an interview with a reporter from the main station, a German scholar said that the growth of U.S. debt currently shows no signs of slowing down, and U.S. bond yields are rising. This change is transmitted to other countries through the international financial market. Higher financing costs add additional pressure to Germany, which is expanding investment in defense and infrastructure. (CCTV News)
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