Spanish Government Bonds Gain Appeal Over French Peers, HSBC Says -- Market Talk

Dow Jones11-14 23:40

1538 GMT - HSBC prefers Spanish government bonds over their French peers, rates strategist Chris Attfield says. There are currently political risks for French bonds given the country's minority government, while prospects of heavy supply in 2025 also make them less attractive, he says. Meanwhile, the banks switches to a neutral stance on Spanish and French bond yield spreads versus German Bunds, in recognition of the relative stability of both spreads, he says. The 10-year Spanish-German yield spread is around 71 basis points, while the 10-year French-German yield spread is around 74 basis points, both down 2 basis points, according to Tradeweb. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

November 14, 2024 10:40 ET (15:40 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483388579?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-14 23:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483388579","market":"nz","top_or_hot":-1,"title":"Spanish Government Bonds Gain Appeal Over French Peers, HSBC Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1538 GMT - HSBC prefers Spanish government bonds over their French peers, rates strategist Chris Attfield says. There are currently political risks for French bonds given the country's minority government, while prospects of heavy supply in 2025 also make them less attractive, he says. Meanwhile, the banks switches to a neutral stance on Spanish and French bond yield spreads versus German Bunds, in recognition of the relative stability of both spreads, he says. The 10-year Spanish-German yield spread is around 71 basis points, while the 10-year French-German yield spread is around 74 basis points, both down 2 basis points, according to Tradeweb. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 14, 2024 10:40 ET (15:40 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spanish Government Bonds Gain Appeal Over French Peers, HSBC Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpanish Government Bonds Gain Appeal Over French Peers, HSBC Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 23:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1538 GMT - HSBC prefers Spanish government bonds over their French peers, rates strategist Chris Attfield says. There are currently political risks for French bonds given the country's minority ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSBC","symbol_name":"汇丰","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483388579","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483388579","pubTimestamp":1731598800,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1538 GMT - HSBC prefers Spanish government bonds over their French peers, rates strategist Chris Attfield says. There are currently political risks for French bonds given the country's minority government, while prospects of heavy supply in 2025 also make them less attractive, he says. Meanwhile, the banks switches to a neutral stance on Spanish and French bond yield spreads versus German Bunds, in recognition of the relative stability of both spreads, he says. The 10-year Spanish-German yield spread is around 71 basis points, while the 10-year French-German yield spread is around 74 basis points, both down 2 basis points, according to Tradeweb. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSBC":"汇丰","00005":"汇丰控股"},"translate_title":"汇丰银行表示，西班牙政府债券比法国政府债券更具吸引力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00005":1,"HSBC":1},"content_text":"1538 GMT - HSBC prefers Spanish government bonds over their French peers, rates strategist Chris Attfield says. There are currently political risks for French bonds given the country's minority government, while prospects of heavy supply in 2025 also make them less attractive, he says. Meanwhile, the banks switches to a neutral stance on Spanish and French bond yield spreads versus German Bunds, in recognition of the relative stability of both spreads, he says. The 10-year Spanish-German yield spread is around 71 basis points, while the 10-year French-German yield spread is around 74 basis points, both down 2 basis points, according to Tradeweb. (emese.bartha@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 14, 2024 10:40 ET (15:40 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483388579"}