Reported about 1 year ago
Rumors of President Emmanuel Macron's potential resignation caused a significant sell-off in French government bonds; however, these rumors were promptly denied. Macron's camp stated he has not been discussing resignation and plans to address the issue in a press conference on Wednesday. The political uncertainty has unsettled investors, leading to a spike in French bond yields and widening spreads over German bonds. The upcoming election will likely be a critical moment for Macron, with implications for the country's economic policies and fiscal challenges.
Source: YAHOO