Market News / Story
If you think U.S. debt had a rough year, don’t look at France
Seeking Alpha ·
Seeking Alpha reports: French 10-year government bonds have fallen behind all major developed-market sovereign debt this year, posting the worst year-to-date total return among peers at negative 6.8%, according to data compiled by Augur Infinity. Plagued with massive deficits and total public debt near 120% of GDP, France's performance trails behind both core European benchmark issuers and historically higher-yielding southern European debt. Borrowing premiums have gotten out of hand in…