2025 Marketing & Communication Strategy

02. MACROECONOMICS & STRATEGY

Real interest rates are rising

Index linked real yield

French bond yield and rating

Spread

1,4%

1,2%

Slovakia

Italy

1,0%

France

0,8%

Greece

Belgium

Spain

0,6%

Slovenia

Finland

0,4%

Portugal

Austria

Ireland

0,2%

The Netherlands

Germany

0,0%

1,00 2,00 3,00 4,00 5,00 6,00 7,00 8,00 9,00 10,00 11,00 Rating AAA AA+ AA AA- A+ A A- BBB+ BBB BBB- BB-

Public

Sources: Bloomberg, Rothschild & Co Asset Management – 10/2024 This presentation contains historical market data. Historical market trends are not a reliable indicator of future market behaviour. These data are provided for illustrative purposes only. Depending on the date of publication, the information presented may differ from the updated data.

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