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France avoids Moody's downgrade but retains a negative credit outlook

Moody's kept France's rating at Aa3 on Friday, offering relief after debt worries, rising bond yields and political turmoil, but its negative outlook leaves the pressure on.

Read the full story → · Latest coverage 23 Oct 2026, 9:57 pm UTC

Key moments · 4

Debt concerns push French bond yield above 5%

France24 ↗

Moody's review scheduled for after US markets close

MarketWatch ↗

National mobilisation planned for Saturday amid downgrade fears

Franceinfo ↗

Moody's retains Aa3 rating with a negative outlook

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