Jin10 data reported on September 15, that Michael Nizard, an analyst at Rothschild Asset Management, stated in a report that the bond market did not react with panic to Fitch's downgrade of France's credit rating. The head of the multi-asset and overlay strategies department pointed out that the yield on France's 10-year government bonds has recently risen due to investors' concerns about whether France can implement measures to reduce the fiscal deficit, thus requiring a higher risk premium; however, the current yield is still well below the levels seen during the sovereign debt crisis. He stated, “Most investors still believe that French bonds have a good quality.”
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After France's credit rating was downgraded, the bond market reacted steadily without panic.
Jin10 data reported on September 15, that Michael Nizard, an analyst at Rothschild Asset Management, stated in a report that the bond market did not react with panic to Fitch's downgrade of France's credit rating. The head of the multi-asset and overlay strategies department pointed out that the yield on France's 10-year government bonds has recently risen due to investors' concerns about whether France can implement measures to reduce the fiscal deficit, thus requiring a higher risk premium; however, the current yield is still well below the levels seen during the sovereign debt crisis. He stated, “Most investors still believe that French bonds have a good quality.”