Moody's Did Not Downgrade France and Peripheral Premiums are Narrower, but the Euro Struggles to Find Traction
Marc Chandler
October 26, 2026
There are two impulses today. First, defying expectations, Moody’s did not downgrade its assessment of French credit, which remains above S&P and Fitch’s ratings. With a show of force by the government, French protests were less violent. French bonds have rallied and the peripheral premium has narrowed. Yet, the euro has found little meanin…
Moody's Did Not Downgrade France and Peripheral Premiums are Narrower, but the Euro Struggles to Find Traction
Reviewed by Marc Chandler
on
October 26, 2026
Rating:
Reviewed by Marc Chandler
on
October 26, 2026
Rating:
