Analysts at BCA Research with the warning that Lecornu’s resignation confirms that French bonds remain uninvestable, and they are not alone.
- As long as France’s parliament remains without a clear majority, no government will be able to tackle the country’s mounting debt or fiscal challenges.
- Addressing these problems will likely require a full-blown crisis in the French bond (OAT) market to force politicians into action.
Japan too would be my guess. But regular rules seem not to apply to Japan!
-
Earlier:
