As of 2026-09-01, eight months before France's 2027 presidential election, French government bonds and assets were already showing significant pressure. The premium France pays to borrow over Germany approached levels unseen since Europe's 2012 sovereign debt crisis.
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Even eight months out from France’s presidential election, the country’s assets are already starting to show signs of pressure.
The premium that France pays to borrow over Germany, among the most-closely watched bond risk gauges, is near the highest since the days of Europe’s sovereign debt crisis in 2012. Nerves are also spilling into France’s stock and corporate debt markets, fueling underperformance versus international peers. Bloomberg's Alice Gledhill reports. (Source: Bloomberg)