Some French IG Bonds Seem Safer Than Sovereign

Bloomberg's Ronan Martin joins Scarlet Fu on "Bloomberg Real Yield." Nearly 215 billion ($241 billion) of France's corporate bonds now trade as if they were safer than the government's, an almost 18-fold increase since the start of 2026, after a punishing sovereign debt selloff. Some 38% of France's total pool of high-grade company debt was indicated at lower yields than government securities of similar maturity on Wednesday.