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AB 2000 studies

Alain Boublil Blog

   

Figure of the day

4,5% : Chinese growth is resilient

China's National Bureau of Statistics has published the results of the economy for the 3rd quarter. Year-on-year, growth was 4.5% and, compared to the previous quarter, 1.2%. The official target for the year is in the range between 4.5 and 5% and is likely to be achieved. These figures may seem low compared to past performance, especially before the Covid-19 epidemic, but the size of the Chinese economy is much larger and the increase in absolute value of activity remains very significant.

China is therefore holding up well despite a very unfavourable international environment with rising ...

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3.30%:index of the State 10-years bond rate

Agence France Trésor, whose mission is to manage the State's debt, publishes an index, the TEC 10, every day, which reflects the financing conditions of the public debt for the 10-year maturity. The figure of 3.30% is the lowest in several months and testifies, contrary to many comments, to the confidence of the markets in France's ability to manage its debt. By way of comparison, the American and British rates are above 4%. In the euro area, the gap with Germany continues to narrow and has fallen to 57 basis points from more than 70 basis ...

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3,59% : Ten years French bonds rate

According to figures published every day by the Agence France Trésor, which manages France's public debt, the rate on 10-year government bonds (OATs) reached 3.59% on December 11, after 3.61% the day before, the day after the National Assembly adopted the Social Security financing bill. This was the highest level in recent years and 0.3% higher than the rate observed at the beginning of the month. Does this market evolution reflect an increased mistrust of the French economy, when one could have legitimately hoped the opposite after the success achieved by the government?

Certainly not ...

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