** European Bond Markets Exhibit Fiscal Strain** Long-term bond yields in Europe spiked to multi-year highs—UK 30-year gilts climbed to 5.68%, French OATs to ~4.49%, and Germany’s hit ~3.39%. European equities also dropped, with inflation nudging higher to 2.1%. Markets are bracing for key U.S. employment data this week. Why It Matters Soaring yields reflect sovereign debt concerns and policy fragility.
