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Oct 7, 2026 27 min

Wake up call

from Macro Minutes

There has been a substantial widening of spreads in the European bond markets. While the epicentre is in the French bond market, it seems to have morphed from a French idiosyncratic problem to a broader one, a problem that comes on top of a whole list of issues and specifically on top of the energy crisis that is still unresolved. Participants: Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics George Moran (Desk Strategy), European Economist Megum Muhic (Desk Strategy), UK Rates Strategist * Research Analyst opinions are their published views, independent of those expressed by Desk Analysts

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Wake up call

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