Macquarie warns of bank deposit outflows amid rising French government bond yields and spreading protests
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View chart & analysis → - 1Macquarie analysts Thierry Wizman and Gareth Berry warned that further rises in government bond yields or spreading protests could trigger deposit outflows from French banks.
- 2They noted that sharp rises in government bond yields have been linked to past financial collapses.
- 3There are currently no signs of such a phenomenon occurring.
So what's the key point?
There is a warning that bank deposits could leave France if government bond yields rise or protests grow. However, there are no signs of this happening right now.
Source Fortune · View original ↗
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