According to analysts at Citigroup Inc, France’s funding needs are so severe that they exceed the value of the European Central Bank’s (ECB) bond-buying program by 20 billion euros. France’s requirement is estimated at 138 billion euros, according to Citigroup strategists. Meanwhile, Germany faces an even worse predicament with its shortfall estimated at 193 billion euros, as noted by Bloomberg. As such, one may expect government bond yields to extend their recent rise. While German is scheduled to auction 5.5 billion euros worth of conventional bonds on Tuesday and Wednesday, France is scheduled to sell three conventional and three inflation-linked notes totaling eight billion euros. The yield on the German 10-year bond rose by 8.7 basis points last week – its biggest weekly gain in two months. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China’s banking watchdog warns Fed easing risks financial crisis – BBG FX Street 2 years According to analysts at Citigroup Inc, France’s funding needs are so severe that they exceed the value of the European Central Bank’s (ECB) bond-buying program by 20 billion euros. France’s requirement is estimated at 138 billion euros, according to Citigroup strategists. Meanwhile, Germany faces an even worse predicament with its shortfall estimated at 193 billion euros, as noted by Bloomberg. As such, one may expect government bond yields to extend their recent rise. While German is scheduled to auction 5.5 billion euros worth of conventional bonds on Tuesday and Wednesday, France is scheduled to sell three conventional and three inflation-linked… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
