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Mmastodon BusinessMarkets first seen 3 h ago, last 58 min ago, peak #1

France Is Ground Zero in the Global Bond Rout

Original: France Is Ground Zero in the Global Bond Rout https://www.wsj.com/finance/france-is-ground-zero-in-the-global-bond-rout-

The Wall Street Journal reports that France is bearing the brunt of a global sell-off in government bonds, with French debt under particular pressure as investors dump fixed-income assets. The framing positions France as the most exposed market in a worldwide bond rout, likely reflecting concerns over its budget deficits and political instability at a time of rising yields across major economies.

Why now: Bond yields are spiking globally and France's fiscal and political troubles make it the focal point of investor anxiety.

FranceWall Street Journal

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