Is The Eurozone Doom Loop Back?

What is the Eurozone doom loop?

The post summer rally in Eurozone bond yields has reignited concerns over the sustainability of the periphery’s debt positions, which have only grown larger because of the pandemic. While these concerns are only whispered for now, they clearly illustrate how the continent has failed to fully emerge from the specter of its decade old sovereign debt “doom loop”. What is the doom loop, and are concerns warranted?

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