Sections
News in perspective
tafs uz
News

Moody's

News about Moody's: events, facts and developments on tafs uz.

3 stories

World

Moody's keeps France's rating at Aa3, but the negative outlook remains

Contrary to market expectations, the Moody's agency did not downgrade France's sovereign rating, keeping it at Aa3 with a negative outlook. The decision came amid the yield on ten-year bonds rising above 5.1%, the riots of October 17 and bitter budget debates in the National Assembly. The government welcomed the decision, but experts warn that it is merely a breather, not a vote of confidence. Contrary to market expectations, Moody's did not downgrade France's sovereign rating, keeping it at Aa3 with a negative outlook. The decision came amid ten-year bond yields rising above 5.1%, the October 17 unrest, and heated budget debates in the National Assembly. The government welcomed the decision, but experts warn that this is merely a reprieve, not a vote of confidence.

Aziz Karimov
4 min read
Economy

French bond yields top 5% for first time since 2002: market attention shifts to the ECB meeting

The yield on 10-year French government bonds exceeded 5% for the first time since 2002, the spread over German bonds is above 170 bps, and the cost of credit default swaps has reached its highest level since 2012. The ECB, as expected, is likely to keep rates unchanged at its next meeting. Christine Lagarde said that solving France's debt problems lies within France itself. Moody's, markets expect, may downgrade France's rating to A1 on Friday evening.

Javlon Tursunov
4 min read
Economy

French 10-Year Government Bond Yield Tops 5% for First Time Since 2002

The yield on French 10-year OAT bonds has exceeded 5% — for the first time since the dot-com crisis. The spread over German bonds has reached almost 160 basis points. Pressure on the government is mounting ahead of Moody's decision on the sovereign rating, which most economists expect to be a downgrade. Prime Minister Sébastien Lecornu, without a majority in parliament, is trying to push through the 2027 budget with €43 billion in cuts.

Sevara Azamova
2 min read