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France’s Debt Is Now Riskier Than 38% of Nation’s Company Bonds

Source: Bloomberg

Credit & Bond MarketsSovereign Debt & RatingsMarket Technicals & Flows

Nearly €215 billion ($241 billion) of French corporate bonds now trade as if they are safer than France’s government debt, an almost 18-fold increase since the start of 2026. The shift followed a severe selloff in sovereign debt, signaling pressure on France’s government bonds relative to corporate issues.

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