On September 10, 2026, European Central Bank President Christine Lagarde attributed the jump in global bond yields to AI-related investment activity, characterizing the recent rate increase decision as robust against the ECB's three economic scenarios.
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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 o
European Central Bank President Christine Lagarde says the decision to raise interest rates is robust against all three of the central bank’s scenarios that it will publish. “We are yet again producing a benign scenario, an adverse scenario, and a severe scenario," Lagarde explains. "Against all three scenarios, our decision to increase rates by 25 basis points is robust on all three accounts," sh