Les Misérables: France's Fall From Grace Is Almost Complete

For the first time since 2008, French bond yields are on the verge of trading above their periphery counterparts. French yields are likely to widen further as political uncertainty continues, and there is more scrutiny on the country’s poor debt and deficit dynamics.

French yields are on the brink of trading wider than the average yields of Spain, Italy, Greece and Portugal.

Authored by Tyler Durden via ZeroHedge September 28th 2024