Bond Rout Hits Europe’s Indebted Countries
WSJ Minute Briefing

Bond Rout Hits Europe’s Indebted Countries

B2Upper-intermediateOctober 2, 20261 min
  • News bulletin
  • Business & money

Plus: Volvo pulls its guidance amid dismal car sales in China. And Nike downsizes after two straight quarters of falling revenue. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Sentence 3 of 12 · 0:07

I'm Daniel Bock for The Wall Street Journal.

.. ,

yields attracting investors to buy the government bonds.

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  • B20:07
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B2

B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 20%A2 47%B1 20%B2 13%C1 0%
  • 87% of the words are B1 or easier.
  • 163 words a minute: natural, fairly fast speech.
  • 25 harder words (B2 and up) in the whole episode.

Transcript

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0:00

Here's your morning brief for Friday, October 2nd. I'm Daniel Bock for The Wall Street Journal. U.S. Treasury yields have stabilized following Thursday's sharp rise, with the elevated yields attracting investors to buy the government bonds.

0:16

On the other hand, French and Italian government bonds are underperforming due to fiscal and political concerns. Stock markets are similarly cautious this morning after sliding yesterday, with European stocks trading slightly higher and US futures pointing to a muted open.

0:32

Carmaker Volvo has scrapped its full-year outlook after a steep drop in Chinese demand and sluggish US recovery hit third-quarter sales. Global sales for the Swedish automaker fell 11 percent in the quarter, dragged down by a 41 percent plunge in greater China and a 14 percent drop in the Americas.

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