France now pays a record 30bp more than Italy: a 430bp swing since 2012
France now pays a record 30 basis points more than Italy to borrow for 10 years, Bloomberg reported Friday. Widest gap since the euro launched.
In July 2012 Italy paid 400bp+ more than France. That's a 430+ bp swing.
Every €100B France borrows for 10 years now costs ~€300M a year more than Italy would pay.
https://www.briefs.co/news/french-10-year-premium-over-italy-hits-record-30-basis-point/
Sources: @C_Barraud: France's bond risk is outpacing Italy's by the widest margin in euro history · @GlobalMktObserv: French-Italian 10-year spread at record +30bp, reversal from July 2012 when Italy was 400bp+ higher · X story: French Bonds Yield More Than Italy's for First Time in Euro History
Not financial advice. For informational and educational purposes only.
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