Reported 7 months ago
A surge in French political risk has led to French bonds being on par with those once at the core of Europe's debt crisis, with some now yielding more than Portuguese bonds and nearly equal to Spanish bonds. This reshuffling of the European sovereign debt market hierarchy reflects the importance of politics and fiscal outlook. The French president's decision to call snap elections has raised concerns about public finances and the future of his economic agenda, impacting bond yields and leading to questions about stability in the region.
Source: YAHOO