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Euro area: French bond stress tests ECB intervention limits - Societe Generale

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Societe Generale's Anatoli Annenkov expects French fiscal uncertainty to sustain bond-market volatility beyond the 2027 elections. He explains why ECB intervention remains unlikely for now and how TPI and OMT could provide conditional support if fragmentation threatens monetary policy transmission.

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Euro area: French bond stress tests ECB intervention limits - Societe Generale

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