𝕏xIT first seen 1 d ago, last 18 h ago, peak #3
French-Italian bond spread hits widest since euro's founding
Original: Bond investors are demanding the most compensation to own French bonds over Italian ones since the founding of the euro
Bond investors are now demanding the highest compensation for holding French government debt rather than Italian bonds since the euro was created, a striking reversal given Italy's long reputation as the eurozone's riskiest major borrower. The widening gap reflects mounting concern over France's political instability and budget deficits, and is drawing attention as a sign of eroding confidence in French fiscal credibility.
Why now: Markets are reacting to France's fiscal and political turmoil pushing its bond risk premium over Italy's to a record for the euro era.
Evidence
- Bond investors are demanding the most compensation to own French bonds over Italian ones since the founding of the euro · business · 4
API: https://socialmediatrends-api.osmike.com/v1/trends/1635126