The Bond Market Has Singled Out France
Community Score: 50% | 351.5K views | 6d
0 community ratings: null thumbs up, null thumbs down
They can't harm you, if they can't find you! Use code BOYLE at the link below and get 60% off an annual plan: https://incogni.com/boyle France now pays more to borrow than Greece and Italy, and French bond yields have hit their highest level in almost a quarter of a century. In this video, I look at why the French debt crisis is happening now: a global bond market selloff driven by AI spending and the Iran energy shock, a budget deficit of 5.4% of GDP, and a minority government trying to pass spending cuts while students blockade schools across the country. We look at why Italy, with more debt than France, can borrow more cheaply, what the primary balance tells bond investors, and what Marine Le Pen and Jean-Luc Mélenchon are proposing ahead of next year’s presidential election. Finally, we ask whether the European Central Bank can step in with its Transmission Protection Instrument, and why the euro turns what would once have been a currency crisis into a slow squeeze. Patrick's Boo
Tags: finance, trading, patrick boyle, on finance, cfa exam, kings college london, business school, quantitative finance, financial derivatives, personal finance, investing, investments, stock market, corporate finance, French Bond Market
More from Patrick Boyle
- Is Russia Actually Losing? — Score: 50%
- The Real Reason European Cars Can't Compete — Score: 50%
- Brexit, 10 Years On: What It Actually Cost Britain — Score: 50%
- How to Lose a Global AI Monopoly in One Afternoon — Score: 50%
- How SpaceX Humiliated Wall Street — Score: 50%
- The Real Reason You Can't Afford a House — Score: 50%