With geopolitics still at the fore for bond investors, we assess what political instability in France means for the country’s growing fiscal burden and ask where investors can find relative value elsewhere in Europe.

What does this mean for fixed income investors?

Fiscal instability in France is an ongoing concern and warrants close monitoring as the country’s political situation unfolds. For investors, the relative appeal of Spanish and Italian debt versus France reflects a compelling yield opportunity, while German Bunds remain a cornerstone for defensive portfolio positioning. 

About the Bond Bulletin

Each week J.P. Morgan Asset Management's Global Fixed Income, Currency and Commodities group reviews key issues for bond investors through the lens of its common Fundamental, Quantitative Valuation and Technical (FQT) research framework.

Our common research language based on Fundamental, Quantitative Valuation and Technical analysis provides a framework for comparing research across fixed income sectors and allows for the global integration of investment ideas.



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