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  • France's 'yellow vest' protests could shake up euro zone bond markets

    From reuters.com

    Frances response to yellow vest protests could be a turning point for euro zone bond markets if it kicks off an era of increased public borrowing in the bloc and loads additional debt on to a market already nervous over the removal of ECB stimulus. Increased public spending could be the way out for governments struggling to contain discontent over living standards and may face a strong challenge from populist politicians at Mays European parliament elections. But if that pushes up government bond supply, it may also increase concern about some member states longer-term ability to service debt, and could hamstring the European ... (full story)