French Bond Yield Spike May Create Tactical Opportunity: PGIM

PGIM Fixed Income Global Investment Strategist Guillermo Felices says that the increase in French bond return on Bloomberg television can create tactical opportunities because the European macro ground is generally “quite good”. The efficiency between the French and German bonds was considered as an important risk measure that expanded to 79 basis points on Tuesday after Prime Minister Francois Bayrou announced that he would receive confidence in his government this week.