China will include Australia in its visa waiver program, Premier Li Qiang announced after his meeting with Australian Prime Minister Anthony Albanese, a sign of improving bilateral relations between the two countries.
Eurozone bond market focus will firmly remain on the dynamics of French government bond yield spreads, Commerzbank Research said, as “several sessions of stabilization seem needed to calm nerves, but there is still no quick fix in sight.”
The two parties are trying to turn the 21% rate in opposite directions—with each percentage point worth more than $130 billion over a decade in tax revenue.
The sharp rise in bond prices has pushed down the yield on the 10-year U.S. Treasury note, a benchmark for mortgage rates and other borrowing costs across the economy.
