Global government borrowing costs rose on Thursday, with German bond yields coming off highs following a significant jump on Wednesday. The surge in yields was triggered by plans to reform historic debt policy rules in Germany, allowing for increased defense spending. Despite the initial rise, German government borrowing costs eased towards the end of the day, with the benchmark 10-year bund yield ticking lower as the DAX index reached a record high.
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Florida Could Be About To Get a Lot More Housing
Florida is considering allowing accessory dwelling units (ADUs), also known as "granny flats," in residential zones statewide to address the ongoing shortage of affordable homes. New bills could require local governments to allow these independent living spaces to be added to homes or properties. The proposed legislation aims to provide cheaper housing options for Florida's low-income workforce, with bills like SB 184 and HB 247 making their way through the state's chambers for approval. Full...
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