UBS CEO emphasizes need for strong measures to resolve France debt crisis
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View chart & analysis → - 1UBS CEO Sergio Ermotti said strong measures are needed to resolve France's surging debt crisis.
- 2On Tuesday afternoon, the French benchmark 10-year government bond yield fell 9 basis points to 4.7689%.
- 3Far-right presidential candidate Marine Le Pen promised large-scale spending cuts to control debt.
So what's the key point?
The head of UBS said strong measures are necessary to solve France's debt problem. Market movement was seen as French government bond yields fell to 4.7689%.
Source CNBC · View original ↗
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