Reported about 8 hours ago
In a surprising turn, major French companies are now borrowing at lower costs than the government, as concerns over fiscal policies threaten to destabilize the administration. High-profile firms like LVMH and Airbus are able to offload political risks associated with domestic debt, resulting in their bonds yielding less than French sovereign bonds. This shift highlights the typical behavior of bond markets during periods of political uncertainty, with the ongoing fiscal challenges prompting worries about the stability of France's credit status.
Source: YAHOO