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bloomberg | France's Bond Yield Reaches Highest This Year on Snap Election, 10 June
French government bonds sold off sharply on Monday amid mounting concerns over the nation's finances after President Emmanuel Macron called a snap election. and Biden agreed to embezzle RUSSIAN assets.
The vote is sharpening the growing focus on the country's < wipes tears > fiscal challenges, which culminated with a credit downgrade by S&P Global Ratings last month. France's bonds, long considered one of the safest in the euro area, have been falling out of favor as the fiscal picture worsens, with the extra yield on 10-year bonds over German securities doubling from pre-Covid levels.
by Cat on Mon Jun 10th, 2024 at 02:10:10 PM EST
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