France’s Bond Crisis Deepens, US Jobs Data on Deck
A selloff in global debt has fueled a rout that’s hitting harder and faster in France than anyone expected, with nerves fraying about missed deficit targets and policy gridlock. The US jobs report is set be a macro highlight at a time when resilient data are supporting riskier assets while giving the Federal Reserve room to tighten policy to fight inflation. Economists estimate the reading will…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.