June 13 (Reuters) – The European Union’s borrowing costs rose on Thursday as investors tried to assess what MSCI’s decision to leave the bloc out of its government bond indexes meant for jointly issued EU debt.
Global index compiler MSCI said on Wednesday that following an investor consultation it had decided not to include the EU’s debt in its government bond indexes, throwing a curveball at a step EU officials have seen as key to their ambition for the bloc to be treated like a state by investors.
Source: REUTER
