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Treasury Yields Rise, Europe Mulls Defense, China Continues Rally | Bloomberg Brief 02/18/2025

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February 18, 2025

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Treasury yields rise as a selloff in European bonds continues with the EU contemplating a fiscal boost to pay for defense amid negotiations over Ukraine between the US and Russia. Investors reflect on Fed Governor Christopher Waller's preference to hold rates after higher-than-expected CPI data and await further guidance from more Fedspeak. Chinese President Xi Jinping's show of support for China's private sector helped resume a rally in world-beating Chinese stocks, which have outperformed this year thanks to the excitement around DeepSeek. Sonja Marten of DZ Bank thinks markets will continue to digest the changes to the North Atlantic order after Vice President JD Vance spoke in Munich. Clear Harbor's Aaron Kennon thinks the end of the war in Ukraine could unleash animal spirits in Europe for investors. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

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Russia InvestorsFed Governor Christopher Waller'sDeepSeek Sonja MartenDZ BankNorth AtlanticVice President JD VanceBloomberg BriefFirst Look Movers

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