Reported about 7 hours ago
French bond futures fell after S&P Global Ratings unexpectedly downgraded the country's sovereign credit score from AA- to A+, highlighting ongoing fiscal challenges and increasing the risk of forced selling by certain funds. This downgrade leaves France with a dual downgrade within a month from major rating agencies, raising concerns over the nation's fiscal policies as Prime Minister Sebastien Lecornu navigates budget negotiations amid political instability.
Source: YAHOO