France’s ‘yellow vest’ protests could shake up euro zone bond markets | Reuters


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 May’s 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 Central Bank’s plan to lift interest rates.

Central to this is the situation in France, where people have taken to the streets in recent weeks wearing brightly colored “gilets jaunes” or “yellow vests”, protesting against President Emmanuel Macron’s economic policies.

Source: France’s ‘yellow vest’ protests could shake up euro zone bond markets | Reuters

READ  HP ploughs $1 billion into open source cloud computing | IT PRO

Leave a Reply

Your email address will not be published. Required fields are marked *