Morgan Stanley Tells Clients to Short French and Belgian Debt
4 Articles
4 Articles
France's debt problem is becoming a business for Wall Street. Morgan Stanley now recommends investors a bet against French government bonds – while Paris is sinking deeper into debt, growth is almost halting and the interest rate bill is exploding. Thus, the pressure on the eurozone's second largest economy is growing at the point where political promises can hardly be sold: on the capital market.
The country's budgetary difficulties raise fears of a further rise in the cost of Belgian debt. ...
The country's budgetary difficulties raise fears of a further rise in the cost of Belgian debt. ...
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