Italy's hot, but France not so much as spreads near to zero

This week, Joann Spadigam, Giovanni Zanni, and Oriane Parmentier discuss the convergence of Italian and French yields. As the spread nears zero, they analyse underlying economics, political dynamics, consider debt sustainability in both countries and discuss the role that ratings agencies play in the market's evaluation.

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This episode was recorded on 18 June 2025

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