What next for France's mini crisis?

In this episode of Bondcast, host Imogen Bachra is joined by Giovanni Zanni to explore France’s escalating fiscal and political challenges, and their implications for government bond markets. With French bond spreads experiencing significant volatility, attention is turning to the country’s ability to deliver meaningful fiscal consolidation ahead of the 2027 presidential election. Giovanni explains why the passage of the budget is only part of the story, how the European Central Bank (ECB) c...