The French-German Spread Is Blasting Wider After Report Of Warning From Moody's

There’s a report in French newspaper Le Figaro (via SeekingAlpha) that Moody’s is warning about the maintainability of the French AAA rating.

That appears to be contributing to a very significant widening of the French-German 10-Year Spread.

Here’s the intraday look.

chart

And of course that’s contributing to a very ugly start in markets overall.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.