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