France bond risk premium rises to 2012 highs
France’s premium versus Germany to borrow rose by more than a whole percentage point on Friday for the first time since the euro zone debt crisis, highlighting investor unease over stretched finances ahead of next year’s elections.
The premium France pays to borrow on the bond markets versus Germany climbed to more than a full percentage point on Friday for the first time since the euro zone debt crisis, highlighting investor concern over its stretched finances ahead of elections next year. …