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Lagarde Says AI Investments Key Driver for Bond Markets
European Central Bank President Christine Lagarde says the jump in bond yields is taking place across global markets and is not specific to the euro area. "Any AI-related activity at the moment is a potential consumer of financing," she tells reporters in Berlin. Lagarde speaks in a press conference following the central bank's decision to raise interest rates for the second time since the start of the Iran war in February. (Source: Bloomberg)
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