The Politics Premium Is Punishing Bonds From Paris to Tokyo
Yahoo Finance·2025-10-13 08:21
The National Assembly building in Paris. Bond holders want an ever-higher premium to hold the debt of developed-nation governments as turmoil in France and Japan underscores how politics is eclipsing central bank policy globally as a key market driver. Most Read from Bloomberg A gauge of French bond-market risk rose to its highest levels this year last week after Prime Minister Sebastien Lecornu resigned amid a budget impasse, only to be reappointed Friday night. In Japan, longer-maturity bonds plummeted ...