French assets risk fresh losses from renewed political turmoil

Quick Summary:

Investors are spurning French assets as they lose confidence in the ability of a new government to survive the coming months.

A gauge of French bond risk—the gap between French and German 10-year yields—is at the highest since anxiety over the country’s politics was at its peak this summer.

The moves signal there’s no end in sight to turmoil in French markets since an election result in July produced political gridlock.

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Article Details

Author / Journalist: Julien Ponthus & Alice Gledhill / Bloomberg

Category: BusinessStartups

Markets: PhilippinesFranceJapanPortugalSpain

Topics: Assets France Ratings Time Investors First French Budget Management Asset Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 10:24:20 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 838 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22695359

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 43 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #37

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