Southern European bond markets make a comeback

Israel has launched a strike against Iran, Argentina’s month-on-month inflation rate has fallen below 2 per cent, and Italian, Spanish and Greek sovereign bonds have rallied. Plus, investigators in India are looking into a fatal Boeing 787 crash and the US dollar sank to a three-year low. Mentioned in this podcast:Israel strikes Iran and braces for retaliationDollar sinks to three-year low on Trump tariff threatItaly, Greece and Spain emerge as winners in bond market anxietyMore than 240 dead after Air India flight to London crashesMilei brings Argentina’s monthly inflation below 2% for first time since 2020Subscribe to the Unhedged newsletterToday’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Fiona Symon, Henry Larson, and Marc Filippino. Additional help from Eli Meixler, Kelly Garry, Michael Lello, David da Silva and Gavin Kallmann. Our intern is Michaela Seah. Topher Forhecz is the FT’s acting co-head of audio. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.