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Euro area: French bond stress tests ECB intervention limits - Societe Generale

Societe Generale's Anatoli Annenkov expects French fiscal uncertainty to sustain bond-market volatility beyond the 2027 elections. He explains why ECB intervention remains unlikely for now and how TPI and OMT could provide conditional support if fragmentation threatens monetary policy transmission.

Euro area: French bond stress tests ECB intervention limits - Societe Generale

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