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French bond spread approaches crisis-era level, Jeroen Blokland notes

French bond spread approaches crisis-era level, Jeroen Blokland notes
French bond spread near crisis peak

The French bond spread has risen to 1.69 percentage points, quickly approaching the level last seen during the height of the eurozone debt crisis.

Jeroen Blokland questioned whether this signals a crisis or potential default for France, and stated that a French default is unlikely if the European Central Bank prints money and cuts interest rates.

Blokland has previously addressed Dutch tax concerns, calling aanwasbelasting a bad tax and highlighting double taxation in debates over box 3. He has also argued that public anger around box 3 is justified but often misses broader issues, as noted in earlier commentary. His recent remarks add French fiscal risks to a series of financial topics he has covered.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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