Reported 2 days ago
Major investment firms, including Abrdn and AllianzGI, express skepticism about the French bond market due to ongoing political instability and an expanding deficit, which currently stands at around 6% of GDP. The uncertainty surrounding the new government's budget proposals is causing bond spreads to widen, with many investors viewing recent market rallies as temporary. Analysts predict that without significant political progress, the challenges facing France's finances will continue, leading to higher borrowing costs compared to other European nations.
Source: YAHOO