UBS Sees French Budget Passing, Says Bonds 'Attractive'

UBS Wealth Management France CIO Claudia Panseri discusses today's budget presentation and the outlook for the nation's sovereign debt. "I think taking the risk of shorting French debt at 127 basis points [the spread between French and German bond yields] is high. This is because, for me, the budget will pass," Panseri says on Bloomberg Television. (Source: Bloomberg)