The difference between the 10-year French government bonds and the German equivalent jumped to the highest since the European Debt Crisis.
French bond yields also matched Greek debt for the first time in history.
At the same time, the CAC 40, the main stock index in France is DOWN 4% year-to-date.
Investors are worried that a budget for next year will not pass and the government will not remain in power.
At the same time, France’s economic outlook is more than bleak.
⁉️IS FRANCE FALLING INTO A CRISIS⁉️
The difference between the 10-year French government bonds and the German equivalent jumped to the highest since the European Debt Crisis.
French bond yields also matched Greek debt for the first time in history.
At the same time, the CAC… pic.twitter.com/WcZdgh33Lh
— Global Markets Investor (@GlobalMktObserv) November 28, 2024
France is the new Greece pic.twitter.com/JQuFjbuS7F
— zerohedge (@zerohedge) November 28, 2024
Views: