Bad steepening in global curves from Treasuries to German bunds even French Obligations assimilables du Trésor (OATs). Regional banks have gotten all the attention though European banks have been experiencing serious deposit (therefore wholesale) trouble for longer. And maybe worse, too.
Eurodollar University's Money & Macro Analysis
ECB M3 Press Release
https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2303~5a86c581c4.en.html
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