Lebanese Eurobonds Fall on Profit-Taking and Fears of Escalating Regional Tensions
Lebanese Eurobonds fell this week due to profit-taking and war escalation fears following reports of potential US-Israel military action against Iran after the November 3 US midterms.
In the US, 5-year and 10-year Treasury yields dropped 11 and 13 bps, driven by safe-haven demand as investors rotated out of AI/tech stocks and weighed geopolitical risks.
In Europe, the French-German yield spread hovered near euro-crisis highs, fueled by ongoing street protests, presidential election uncertainty, severe fiscal deficits, and rising public debt.
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