Global Rates: European rates markets roundup: German fiscal, NATO meeting, carry themes, de-dolla...

• German 2025 draft budget announcement includes sharp increase in federal deficit, driven by infrastructure and defense spending commitments
• Analysts predict slippages in government investment delivery, with government deficit expected to stay around 3.1% of GDP for 2025
• NATO summit agreement to target 5% defense spending as a share of GDP by 2035 may have implications for fiscal and issuance dynamics in Europe.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.