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2025-09-15 20:20:01
[Bond Market Reaction Stable, No Panic After France's Credit Rating Downgrade] Michael Nizard, an analyst at Rothschild Asset Management, stated in a report that the bond market's reaction to Fitch Ratings' downgrade of France's credit rating was not a panic. The head of multi-asset and overlay strategies noted that the recent rise in French 10-year government bond yields stemmed from investor concerns about France's ability to implement fiscal deficit reduction measures, leading to higher risk premiums. However, current yields remain well below levels seen during the sovereign debt crisis. He stated, "Most investors still believe French bonds are of good quality."
