French bond spreads have widened, but eurozone markets are not showing the capital-flight stress seen in past debt-crisis episodes, Bob Elliott says. The move points to investor caution, not the kind of systemic turmoil that defined earlier shocks.
published
French bond spreads have widened, but eurozone markets are not showing the capital-flight stress seen in past debt-crisis episodes, Bob Elliott says. The move points to investor caution, not the kind of systemic turmoil that defined earlier shocks.
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