Category: Strategies & Scenarios

• [Strategies & Scenarios] Long OAT-Bund Spread

  We expect the French government to collapse following the no-confidence vote on Sep. 8th, resulting in the PM Francois Bayrou’s removal. While the political turmoil may be reduced after the appointment of a new prime minister, the possible risks of escalation and ongoing challenges to resolve the deficit pose significant risk to French government bonds.…

  Minshin Kang

  September 3, 2025

  Strategies & Scenarios

  Bond, Economy, Finance, France, Government