Hedge funds are becoming increasingly influential in France’s government bond market, raising concerns that a shift towards more short-term and potentially less stable investors could amplify volatility as the country grapples with elevated public debt, according to a report by Le Monde.
France’s debt-to-GDP ratio has risen to around 117%, among the highest levels in Western Europe, while the composition of its creditor base has also been changing. Traditional holders such as banks, insurers and...
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