“They will just be ending up buying French government bonds if this continues”

Unhedged · Is France too blasé about borrowing costs?

Play from 16:05
16:05

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What was described

Buy French government bonds if the spread widens enough to threaten euro-area stability

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“Senior bond spreads move from the low 60s to the circa 70 area; major bank T2 spreads drift from high 115-120 to low 130”
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