Why 10-year Treasury note, dollar are getting hit by Germany’s spending plans

• How the House Republican budget plan hopes to cut trillions of dollars in spending

  The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.
  
  CBS News - Feb. 26

• 10-, 30-year yields rise as traders eye a military-spending boom in Germany

  U.S. government debt mostly sold off on Tuesday, pushing 10- and 30-year yields higher for the first time in three sessions, as traders appeared to look past a tit-for-tat trade war and focused on ...
  
  MarketWatch - 1d

• Germany’s Merz in ‘difficult’ talks over plans to boost defence spending

  Debate over multibillion-Euro top-up to military fund is playing a central role in exploratory coalition discussions
  
  Financial Times - 6d

• Why Germany’s debt rules are a bellwether for EU defence spending

  Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?
  
  Financial Times - Feb. 25
• 

  Germany’s ‘whatever it takes’ spending push to end years of stagnation

  Europe’s largest economy could return to pre-pandemic growth trend
  
  Financial Times - 14h

• How Washington plans to defend the dollar

  Trade tariffs grab headlines but the less-visible fight around money matters deeply to the president
  
  Financial Times - Feb. 22

• Will history repeat? Why the dollar may fall, again, in first year of Trump term.

  Strategists at Morgan Stanley say the U.S. dollar may fall this year, just as it did in the first year of the first Trump administration.
  
  MarketWatch - Feb. 24
• 

  China plans to spend 7.2% more on its military this year

  Yahoo News - 1d
• 

  Postal strike hits 10% of German deliveries, further strikes planned

  Yahoo News - 6d

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• 

  E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead

  Vows by European leaders in increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.
  
  The New York Times - 37m