French Bonds Slightly Underperform Bunds After Fitch Lowers France's Outlook
OATs marginally underperform Bunds after Fitch Ratings lowered France’s outlook to negative, as the move was widely anticipated amid the country’s budget deficit issues. Political fragmentation and a minority government complicate the country’s ability to deliver sustainable fiscal consolidation, Fitch said.
OATs marginally underperform Bunds after Fitch Ratings lowered France’s outlook to negative, as the move was widely anticipated amid the country’s budget deficit issues. Political fragmentation and a minority government complicate the country’s ability to deliver sustainable fiscal consolidation, Fitch said.
