This selloff is driven by spiraling gas prices, which feed directly into inflation, and political risks that undermine confidence in European fiscal stability. It reflects a broader trend of central banks being forced into tighter policy, which historically pressures speculative assets like crypto. The steepness of the move among major economies suggests systemic stress that could lead to capital outflows from risk assets globally.

Italian Government Bond

UK Government Bond

French Government Bond

European bond market experiences a selloff driven by spiraling gas prices and growing political risks, with the steepest decline among major economies in recent weeks.