This time, following the US and Japan, we examine the rise in long-term interest rates in Europe.

France's 10-year government bond yield has approached 5%, and the UK's long-term government bond yield has also risen to around 6%. In particular, France is seeing its interest rate spread with Germany widen significantly as high fiscal deficits, rapidly growing national debt, and political uncertainty overlap.

In this video, we will look at:

Why European government bond yields are rising;

Why the magnitude of interest rate increases varies by country within Europe;

Why France is currently serving as a key warning light for the market;

Why Italy, which has a higher debt ratio, appears relatively less risky;

And we will also examine the fiscal and interest rate risks in the UK and Belgium.

Finally, by comparing the current situation with the European sovereign debt crisis of 2010–2012, we will analyze whether another European sovereign debt crisis could occur.

Following this European series, the next video will examine how the global high-interest rate environment will impact the Korean economy and government bond market.

#EuropeanFinancialCrisis #EuropeanGovernmentBonds #FrenchEconomy #FinancialCrisis #FrenchGovernmentBonds #ECB #GlobalInterestRates #ProfessorHyunhoonLeeEconomicsForum