Belgium Borrows at 10-Year High Rates, 4.41% for 10Y

Belgium raised €2.8B on financial markets, including €1.3B at 4.41% for 10 years, the highest since Nov 2011. Additional OLOs maturing 2033 and 2040 priced at 4.06% and 4.74%, respectively. This signals elevated sovereign borrowing costs in the eurozone, reflecting persistent inflation and ECB tightening.

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