Citigroup: Political risks in France are detrimental to credit ratings.

In a report, a Citigroup interest rate strategist said that the surge in political risk in France this week is not a good sign for the upcoming rating assessments by Fitch on September 12th, Moody's on October 24th, and Standard & Poor's on November 28th. They stated, "All three ratings are AA-, any downgrade will lower France to single A level."