Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
France has consistently had no spread problem throughout the euro crisis. Draghi's promise to buy bonds calmed the market down for the countries that were having to accept high interest rates on their bonds. It made no significant difference to France.

The day France breaks with Germany, French interest rates will jump. Whether one believes in bond vigilantes or not is irrelevant to that simple fact.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu May 29th, 2014 at 12:53:28 PM EST
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