UBS On-Air: Paul Donovan Daily Audio 'Policy discussion in a data vacuum'
Update: 2025-10-09
Description
French politicians have been doing politics. This week’s prime minister, Lecornu, has suggested that a majority of national assembly members favor seeking a compromise budget. The suggestion is less fiscal tightening than was originally proposed. French assets are likely to continue to command a risk premium, but the bond market should remain orderly.
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