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Lescure Says Widening French-German Yield Spread Is Due to Budget Issues
French Finance Minister Roland Lescure discusses the nation's budget deficit and the impact of fiscal concerns on bond markets as the spread between French and German yields widens. "There has been a bit of a rise in the spread, as you said, between France and Germany," Lescure tells Bloomberg's Oliver Crook in Dublin. "This is mostly linked with the fact that we have budgetary issues. We are tackling them," he adds. (Source: Bloomberg)
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