The 10-year yield spread between France and Germany's bonds has surged to its highest level since 2017, following President Macron's decision to call snap elections. France's Finance Minister Le Maire confirmed that the yield spreads are at their highest level in 17 years. The spread increased by 32 basis points this week, marking the largest jump on record. The risk spread reflects the chaos in France.
*FRANCE-GERMANY 10-YEAR YIELD GAP JUMPS MOST ON RECORD THIS WEEK https://t.co/6Aov90u49j
France-Germany 10Y spread https://t.co/CTcXPrh11N
Italy- Germany 10 year Yield spread https://t.co/wWbFgH8R6z
France - Germany 10 year Yield spread +32 bps for the week https://t.co/znHELlUg6e
FRANCE'S FINANCE MIN. LE MAIRE: YIELD SPREADS BETWEEN FRANCE AND GERMANY ARE AT THEIR HIGHEST LEVEL IN 17 YEARS.
#France 10y risk spread over Germany jumps to highest since 2017 as France is descending into chaos following Macron’s decision to call snap elections. https://t.co/xeMA71TSAC