Hedge Fund News From HedgeCo.Net

France back in hedge funds’ sights as economy stutters

Reuters – Hedge funds are restoring bets that French bond prices will fall, speculating the country’s gamble on increasing public spending to boost economic growth will fail.

Funds have already been burnt on the trade. Last year, the European Central Bank’s promise to buy government bonds to restore confidence in the euro zone sent yields on French 10-year bonds tumbling by more than a third.

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