MACRON said from the outset that a war with Iran is not France’s and that France supports peace.

BlackRock says corporate bond yields now provide a resilient return source without relying on rate cuts or spread compression. In its quarterly fixed‑income outlook it said investors can construct a diversified portfolio yielding >7%, with duration under 3 years and average credit quality around A-. Recurring inflation pressures and US/European rate hikes have pushed yields to levels seen only briefly in the past three years and comparable to the global financial crisis. Despite solid corporate funding demand, investment‑grade bonds offer a rare chance to lock in unusually high yields, James Turner, head of fixed income at BlackRock, said, calling it a once‑in‑a‑generation opportunity.

On Oct. 20 local time, the new government led by Prime Minister Niculescu won a parliamentary confidence vote and was sworn in at the presidential palace.