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Finance & Markets

BofA's Cabana: Front-End Yields Face Repricing Risk

Mark Cabana, Co-Head of Global Rates Research at BofA Global Research, says the front end of the global yield curve could reprice higher as central banks move to reduce accommodation. He spoke on the sidelines of the BofA APAC Conference in Hong Kong. (Source: Bloomberg)

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France debt set for highest level since 1978 as fiscal strain grows

France is facing mounting pressure to rein in its public finances as it prepares a €54 billion package of spending cuts for next year.

  • France's national debt set to hit highest level since 1978 by 2026
  • Projected debt to surpass EU's 60% of GDP limit in 2026 and 2027
  • France ranks third most indebted eurozone country behind Greece and Italy

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