BangkokThe European Central Bank heads for a December hike.
Long-term euro-zone rates have risen notably since September, Lagarde told central bankers.
Yields surged on debt and inflation worries and AI’s competition for credit, with France among the hardest hit.
“I’m of the opinion that the job is not done so far,” said Bundesbank president Joachim Nagel.
The bank decides on 29 October, though officials point to December for a hike to 2.75%.
How each outlet framed it
These outlets told this story differently.
- Reuters
- ties the euro-zone bond selloff to AI-driven competition for credit, not only inflation and debt worries
- Bloomberg Business
Sources: Reuters, Bloomberg Business