French Fiscal Concerns Bring Home Painful Risk Premium
After decades of budget deficits and steadily rising debt, markets are putting a new price on French risk. Investors are charging much more to hold government bonds, the stock market is under pressure and the cost of insuring bank bonds against default has jumped. The euro fell to its weakest level since May 2025 on Monday, reflecting fears that upheaval will spill beyond France’s border. Ozan…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
