FlashFeed

📈 Business · CNBC ·

European borrowing costs hit 15-year highs amid rate hike expectations

Bonds issued by various European countries continued to sell off, deepening the rout ongoing since the Iran war began. European borrowing costs have hit 15-year highs as investors brace for interest rate increases by central banks. Market volatility reflects growing economic concerns tied to geopolitical tensions.

Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous since the U.S.-Iran war began.