France’s Reform Paralysis Adds to Market Uncertainty

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Quick Take

France’s Reform Paralysis Adds to Market Uncertainty

September 12, 2025

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Key Takeaways

French bond spreads exceed periphery, signalling rising investor concern.
Political instability and looming ratings reviews are fuelling market volatility.
French assets trade at a discount to peers, reflecting greater risk premium.

France’s latest political shake-up has intensified concerns around fiscal reform and market stability. With bond spreads widening, and ratings reviews approaching, investors are watching closely for signs of further volatility.

This article outlines the key developments and their potential impact on European markets, highlighting risks, opportunities, and what to monitor in the weeks ahead. Download the full article to explore the implications for portfolios.

Read the full piece to explore the implications for European markets and investor positioning.

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France’s Reform Paralysis Adds to Market Uncertainty

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