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French bond yields — which move inversely to prices — have been relatively contained. But market-watchers have highlighted France’s borrowing costs versus its neighbors’, particularly Germany’s. The spread between French and German 10-year bond yields has grown to more than 71 basis points since the vote was declared, its widest in more than a decade, as investors bet Germany is lower risk.
54 sats \ 1 reply \ @wingalt 28 Jun
Interest points for what could be a turning point for the country but honestly who cares about the French stock market?
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I think it's the bond market that's the main concern, with all that counterparty risk. It won't be contained to France.
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This is liberal mainstream FUD.
The German comparison is interesting. Once AfD gets a majority in Parliament CNBC will print the same article, find and replace France and Germany. Journalism is so hard lol
Actually real journalism is hard and valuable but today a real journalist is a unicorn almost
Taibbi and Greenwald are good journalists.
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And they prove it when they expose the party that they say they support (i.e., DNC). Good journalists would be more credible if they stayed politically neutral and only focus on reporting facts the public need to know
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Germany is always lower risk. They arent always being needed to be bailed out.
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There's no stopping to this because Macron isn't coming back...
They aren't talking about it but unlike UK, EU may be forced to cut ties with France this time.
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They will never cut ties. They will just keep supporting them until the EU collapses. I dont know why it isnt better to just have your own individual country?
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54 sats \ 0 replies \ @TomK 27 Jun
the drama surrounding the French government bonds began precisely with the European elections and the bankruptcy of the macron group. for me, this is a clear sign that the attacks on the French bond market are coming from the ranks of the EU and send a clear signal to the voters: send a clear signal to the voters: see this threatens you if you don't vote the way we want you to! It would be easy for the ECB to defend the interest rate spread between Germany and France
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