French 10-Year Bonds Seen Attractive With OAT-Bund Spread Above 55 Bps

Uncertainty in the run-up to French snap elections could keep French government bonds under pressure, but any widening in 10-year OAT-Bund spreads above 55 basis points is an attractive level to buy French bonds, UBS said.

Uncertainty in the run-up to French snap elections could keep French government bonds under pressure, but any widening in 10-year OAT-Bund spreads above 55 basis points is an attractive level to buy French bonds, UBS said.