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France-Italy 10Y spread hits record 30bp, Italy favored
Dagens IndustriLO·FR · IT·3 days ago
France's inability to put public finances on a sustainable path is fueling a bond market selloff, reviving specter of a eurozone sovereign debt crisis. With an election due in April, market pressure could intensify, potentially testing the resilience of the eurozone's fiscal framework. The situation is developing, with uncertainty over the government's fiscal response and the election outcome.
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