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  • Writer's pictureEdward Ballsdon

Update on France

An update to the 12Dec23 research on France which concluded that French OATs were at risk of a revaluation: https://www.thegreyfirehorse.com/post/french-flying-red-flags


In this research, there are updates on:

  • Total French debt data

  • Economic data

  • Private sector debt trends

  • Inflation trends

  • Government fiscal situation and likely debt issuance

  • Government bond market valuations


The conclusion remains the same as the initial Dec23 research - French bonds should revalue to be more in line with Italian government bonds.

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