German Bond Yields Rise to Highest Level Since 2011

Imagine Germany is going to spend a lot more money, like investing in the military.

This makes investors worry about how much money the government will need to borrow.

Because of this, the interest rate on Germany's long-term bonds, which is what the government pays to borrow money, went up to its highest level in over a decade.

Other things like a Dutch pension change and potential peace in Ukraine, which could change how many bonds are available, also played a role.

This means it's becoming more expensive for Germany to borrow money.

U.S. bonds also saw a rise in yields.