French bonds fall as violent protests widen debt risk premium
Briefing by News4U · First published
Yields on French 10-year bonds rose seven basis points to 4.849% after weekend riots, widening the gap with German debt.
French government bonds fell Monday after violent protests over the weekend left public buildings burned and nearly 2,400 people arrested, prompting President Macron to condemn “unbridled violence.” [1] [2] [3]
The 10-year yield climbed seven basis points to 4.849%, widening the spread over German debt, while the CAC 40 index dropped 1%. [2]
Authorities introduced partial curfews and the government faces pressure to pass a deficit-cutting budget amid France’s 115.6% debt-to-GDP ratio. [2] [4] [5]
Sources
- French Government-Bond Yields Rise on Protests, Budget Concerns; Treasury Yields Fall
WSJ Markets · · Summary only
- France hit by debt sell-off as protests unnerve investors
The Guardian · · Full text
- France’s Bonds Drop as Rioting Heaps Pressure on Government
Bloomberg · · Summary only
- French bond sell-off intensifies after violent protests
FT Europe · · Summary only
- French Stocks and Bonds Retreat as Government Comes Under Pressure
Bloomberg · · Summary only