Speed of French Bond Rout Is a Concern, StoneX Financial Says

Shriya Samarth, head of EMEA rates at StoneX Financial, discusses France's fiscal situation and the spread between French and German bond yields. The global bond rout has hit harder and faster in France amid concern about missed deficit targets, policy gridlock and presidential elections next year. "There's a lot of different risks mingling here, and the fact that the spread blew out so quickly is definitely concerning," Samarth tells Bloomberg Television. (Source: Bloomberg)