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Barclays prefers Germany over France as it sends 'bond vigilante' warning
BCSBarclays(BCS) CNBC·2024-11-29 09:36

In this articleBARC-GBwatch nowGerman blue-chip stocks show more promise than their French counterparts, Barclays' strategists wrote in a note Friday, saying France has weak "long-term fiscal and growth fundamentals" and a looming risk of bond vigilantes sweeping in.The euro zone's two biggest economies are both struggling. Germany is battling an ongoing manufacturing downturn that has turned it into the bloc's growth laggard, while disputes over its budget and long-term fiscal strategy caused its governmen ...