Welcome to our blog

Thank Fathom it’s Friday

A sideways look at economics

French bonds: a Frexit warning

9 October 2026|

France is the euro area’s swing voter: where France goes, the euro area as a whole tends to follow. It’s not just the canary in the coalmine, it’s the miners at the coalface. That is why it’s concerning when, as now, France shows signs of stress. Many sovereign bond yields are rising rapidly, but French bond yields are popping relative to everyone else right now. This note takes a look at why. It’s not about growth; it’s not about inflation; it’s not even about government debt. So what is it about? Read on.

View earlier Thank Fathom it’s Friday blog posts

Listen to our podcast

Fathom: In Conversation is our economics podcast.

Fathom’s ten-part podcast series, The rise of China, is essential listening for anyone who wants to understand more about the Middle Kingdom. Each short episode features conversations with Fathom’s economists who share unique insights from their research to tell a well-rounded story of China’s past, present and potential future.

Go to podcast page