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Stock impact report

French Yields Close In on Italy With Safe Market Image in Ruins [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
a decade ago are outshining France, as its standing as a safe-and-stable bond market disintegrates. Most Read from Bloomberg In Traffic-Weary Toronto, a Battle Breaks Out Over Bike Lanes In Italy's Motor City, Car-Free Options Are Growing New York City's ‘Living Breakwaters' Brace for Stormier Seas As the political crisis in Paris drags on, the question on everyone's mind — unthinkable a year ago — is whether France will soon have higher borrowing costs than Italy, the region's traditional poster-child of fiscal profligacy. French bonds won some respite this week after Prime Minister Michel Barnier made concessions in his 2025 budget plans — a bid to avert a no-confidence motion that could topple the government. But the long-term trend is striking: the gap between 10-year bonds of the two countries is already less than 40 basis points, nearly half what it was as recently as September. “Never say never,” said Daniel Loughney, head of fixed income at Mediolanum Internation Show less Read more
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