France's debt is a staggering 120% of its GDP, and hedge funds are heavily leveraged. Why are these financial giants willing to endure massive paper losses to frantically sell off French bonds? Could a fire on the streets of France eventually escalat

2026-10-20

France's debt is a staggering 120% of its GDP, and hedge funds are heavily leveraged. Why are these financial giants willing to endure massive paper losses to frantically sell off French bonds? Could a fire on the streets of France eventually escalate into a nuclear bomb detonating in the bond market?