Economic·El País·20h agoSpain

CNMV Chief Warns on Debt Market Risks

San Basilio urges fiscal consolidation and investor caution

Negative1 min read
CNMV Chief Warns on Debt Market Risks

AI Summary

CNMV Chairman Carlos San Basilio urged fiscal consolidation to prevent unsustainable debt financing costs, warning that US 10-year bond yields exceeded 5% for the first time since 2006 and French bonds neared two-decade highs.

Keywords

CNMVdebt marketfiscal consolidationbond yieldsfinancial stability

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