![]() ![]() ![]() Investor nerves jarred by the strong showing of far-right leader Marine Le Pen’s ahead of this spring’s presidential election helped send the spread between French bond yields over German ones to multi-year highs this week.Īs French bonds recovered ground on Thursday so did other euro zone bonds that have suffered from heightened political risks and worries about an unwinding of European Central Bank stimulus.Īnalysts said a build-up of short positions on French bonds - essentially a bet that their value will decrease - had reached a point that further negative news was needed to justify more selling. LONDON, Feb 9 (Reuters) - France’s benchmark borrowing costs fell back below 1 percent for the first time in two weeks on Thursday, as fears about the political risks it faces gave way to a sense that recent selling of French debt had gone too far.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |