French 10-year bond yield hits 5% for first time since 2002

Briefing by News4U · First published

Sina Finance reports France's 10-year yield rose 7 basis points to 5%, the highest since July 2002, amid energy-price-driven bond sales.

Sina Finance reports that France's benchmark 10-year government bond yield rose 7 basis points to 5%, the highest level since July 2002. [1]

The move followed a broad euro-area bond sell-off triggered by rising energy prices, with European benchmark natural-gas futures up about 4% and Brent crude above $110 per barrel. [1]

The France-Germany 10-year yield spread widened 5 basis points to 158 basis points, reflecting ongoing market concerns over France's fiscal outlook. [1]

Sources

  1. 法国10年期国债收益率自2002年以来首次升至5%

    Sina Finance · · Full text

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