FROGS, not PIIGS, could spark the next global financial crisis

๐Ÿ‡ซ๐Ÿ‡ท The Sydney Morning Herald (FR) —
FROGS, not PIIGS, could spark the next global financial crisis

AI Summary

A commentary warns that France's public debt could become a trigger for a broader financial crisis, as bond investors search for vulnerabilities in the global economy. Government bond yields have been rising around the world.

Bond investors have been searching for the weak points in the global economy, forcing government debt yields up around the world. In France, they have found the perfect target.

World Markets France sovereign debt bond yields financial crisis investors global economy

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