Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Bessent Sees No Spillover From France Bond Market’s Turmoil
Business & Finance

Bessent Sees No Spillover From France Bond Market’s Turmoil

Bloomberg Markets Tuesday 20 October 2026, 14:08 UTC By Yash Roy 1 min read
Key Points

No Spillover From France Bond Market’s Turmoil US Treasury Secretary Scott Bessent said he doesn’t anticipate a spillover from the French bond market, which has seen surging yields that have in turn driven a broader conversation about the European nation’s finances. “I don’t anticipate a spillover from what’s happening in France,” Bessent said on 2Way Tuesday. “The French have a tough hand, but President Macron’s economic team, whom I know very well, are really first rate.”

Bonds Bessent Sees No Spillover From France Bond Market’s Turmoil US Treasury Secretary Scott Bessent said he doesn’t anticipate a spillover from the French bond market, which has seen surging yields that have in turn driven a broader conversation about the European nation’s finances. “I don’t anticipate a spillover from what’s happening in France,” Bessent said on 2Way Tuesday. “The French have a tough hand, but President Macron’s economic team, whom I know very well, are really first rate.”
Bessent Sees (PERSON) Treasury (ORG) Scott Bessent (PERSON) French (ORG) European (ORG) France (LOCATION) Bessent (PERSON) Macron (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Elon Musk promised a SpaceX share to every kid in America — don’t hold your breath

Musk has a long record of saying things have little relation to reality.

MarketWatch 6m ago

AI Fears Roar Back, Tech Earnings on Deck

A rebound in the artificial intelligence trade sputtered after the dismal debut of a South Korean data center firm revived concerns about whether the technology’s spending boom can last. Seoul’s Kospi Index fell 3.8% on a fresh bout of weakness in two of the world’s biggest memory makers, Samsung Electronics Co. and SK Hynix Inc. AI infrastructure group Elice Inc. suffered the worst opening day for a sizable company on the bourse, even after an initial public offering that was 400 times...

Bloomberg Markets 17m ago

Brazil Halts Poultry Shipments to China After Disease Outbreak

Brazil Halts Poultry Shipments to China After Disease Outbreak Brazil has halted all poultry shipments to its biggest buyer China after confirming a case of viral, highly contagious Newcastle disease. The so-called self-embargo with China is part of a sanitary protocol agreed between the two countries, and is now being put in place, according to an official notice from the country’s Ministry of Agriculture and Livestock.

Bloomberg Markets 17m ago

Brazil Traders Ramp Up Hedges Ahead of Tight Election Runoff

Brazil Traders Ramp Up Hedges Ahead of Tight Election Runoff Investors are ramping up hedges ahead of Brazil’s presidential runoff as polls point to a tight race between right-wing candidate Flávio Bolsonaro and the incumbent President Luiz Inácio Lula da Silva. One-month risk reversals on the real — which reflect the premium options traders are willing to pay to protect against a weaker currency — climbed to 9%, the highest since 2011.

Bloomberg Markets 20m ago