European bonds may come under a wave of selling Monday on speculation a meeting in Paris between the bloc’s leaders will point toward higher spending plans to bolster the continent’s security. Investors may demand higher yields on government debt across the region on concern officials will seek to beef up military investment as US peace proposals suggest America is losing appetite to support Ukraine. Upgrading defense and protecting Ukraine may cost Europe’s major powers an additional $3.1 trillion over 10 years, Bloomberg Economics estimates.
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