French Budget Rejections Fuel Debt Crisis Fears As Yield Spread Over Germany Hits 15-Year High
8 Articles
8 Articles
Volatility returns to the market with France as the protagonist. The cost of the French debt remains without a roof in the midst of the concern of the investors, who find it difficult for the country to tackle the political, fiscal and social crisis in which it is immersed. In this sense, the market has come to demand an interest of more than 5.1% for the ten-year bond, the highest percentage since 2002, the year in which the euro came into oper…
It happens after the return of the country bond has exceeded 5%, raising its financing cost to maximums since 2002
French Budget Rejections Fuel Debt Crisis Fears As Yield Spread Over Germany Hits 15-Year High
French Budget Rejections Fuel Debt Crisis Fears As Yield Spread Over Germany Hits 15-Year High French government bonds sold off earlier today, pushing 10-year yields above 5% as budget concerns and social unrest sent the country's borrowing premium over Germany to its highest since 2011. The French 10-year yield climbed to 5.11%, its highest since 2002, while the spread over equivalent German debt widened to 174 basis points, according to Bloomb…
(Teleborsa) - The yield of the French ten-year government bond has exceeded 5.10%, a level that has not been registered since 2002, while the OAT-Bund spread has exceeded 170 basis points.
Pressure is mounting on French bonds as investors abandon riskier assets around the world and instead seek safety in German and US bonds. The premium on French debt is at its highest level since 2011, with the 10-year yield above 5%. Spreads against German government bonds have widened across the eurozone. France is at the center of concerns but pressure is also spreading to Italian bonds, with the yield spread over German bonds widening by 11 b…
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