
S&P Global Ratings downgraded France’s sovereign credit score in an unscheduled move late Friday. The downgrade means France has lost its double-A rating at two of the three major credit assessors in little more than a month, a step that risks compelling some funds with ultra-strict investment criteria to sell the country’s bonds. Fitch Ratings cut France’s score in September, with Moody’s Ratings due to release its verdict on Friday. Jean Dalbard from Bloomberg Economics breaks down the sit
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