France's Downgrade by S&P Could Filter Into Currently Stable OAT Spreads
France’s downgrade to AA- from AA by S&P “should put an upward pressure on French spreads,” Jefferies said, adding Friday’s move wasn’t a massive surprise for markets as a short France view had been the consensus since the start of the year.
France’s downgrade to AA- from AA by S&P “should put an upward pressure on French spreads,” Jefferies said, adding Friday’s move wasn’t a massive surprise for markets as a short France view had been the consensus since the start of the year.
