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Europe’s Bond Spreads Spike as French Debt Risk Spills Over

Source: Bloomberg

Sovereign Debt & RatingsFiscal Policy & BudgetElections & Domestic PoliticsCredit & Bond MarketsInterest Rates & Yields

Euro-area government-bond risk premiums rose sharply on Thursday as concern over France's fiscal and political outlook began spreading to other markets. The move signals heightened perceived sovereign-credit and contagion risk across the euro area, potentially increasing borrowing costs beyond France.

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