With a presidential election due in 2027, parties also have reasons to avoid compromise. The question now is whether Paris can write a budget the street will accept and the bond market will finance, or whether one of them ends up setting the terms. #FrenchDebt #OAT #Eurozone

The question now is whether Frankfurt can fight an energy-driven price shock without being drawn into propping up French debt, and the currency market appears to be testing exactly that. #EURUSD #ECB #FrenchDebt

That leaves one question: can Paris present a fiscal plan credible enough to shrink the premium before markets build it into the euro's exchange rate? #EURUSD #FrenchDebt #BondYields

Nobody yet knows whether this is one manager's decision or an early signal. That leaves Paris facing a question no auction schedule can answer: how many other holders are doing the same sums. #OATBundSpread #FrenchDebt #SovereignRisk

The question now is whether markets are starting to judge each country's fiscal credibility separately. If so, a safe haven is only as safe as the market it is compared with. #Treasuries #FrenchDebt #SafeHaven

das Phänomen eng begrenzt und französisch bleibt. #CoveredBonds #FrenchDebt #RiskFreeRate

narrow, and stays French. #CoveredBonds #FrenchDebt #RiskFreeRate