CAC 40 Falls Ahead of Moody’s France Rating Review
The CAC 40 fell 0.4% to close at 7,783 on Friday ahead of Moody’s review of France’s sovereign credit rating. Moody’s rates France Aa3, its fourth-highest grade, with a negative outlook, and a downgrade is widely expected. The 10-year government bond yield surged to a 24-year high as concerns grew over fragile public f