1454 GMT - French bank bonds have some protection against political turmoil in the country, ING's Maureen Schuller says in a note. Credit spreads of French bank bonds trade at wider levels than their peers since the political crisis of June 2024, indicating a "cushion was already built in," Schuller says. French bank bond spreads are unlikely to widen sharply as they did during the political crisis of 2024, she says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
August 26, 2025 10:54 ET (14:54 GMT)
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