The reverse is the case.French ten-year bonds trade on a yield more than a percentage point higher than their German equivalents, even though both share a AAA rating.
There are concerns about the liquidity of this paper, but the yield pickup is substantial, 1.05 percentage points more than U. S. Treasurys on the fixed-rate portion of the Citi issue.
The reverse is the case. French ten-year bonds trade on a yield more than a percentage point higher than their German equivalents, even though both share a AAA rating.