STRESSEconomicGlobal
Sumitomo Mitsui DS AM Exits French Bonds on Fiscal Concerns
Published:
News summary
Sumitomo Mitsui DS Asset Management sold its entire holdings of French government bonds amid concerns about the nation’s fiscal situation, shifting funds to German bunds and short-term Japanese government bonds.
- Importance
- Low · 25/100
- Impact direction
- Uncertain