German parliament votes to approve €200 billion emergency rescue package

German Parliament, as reported by Reuters, prepares to vote for the approval of a €200 billion emergency rescue package to tackle the energy crisis.

Market reaction:

The news pushes 10-year German bund yield to its highest since 2011. The shared currency, meanwhile, continues to lose ground and slides below mid-0.9700s, back closer to the weekly low amid the emergence of fresh US dollar buying.