French OAT-German Bund Yield Spread Hits 14-Year High on Budget Woe
The spread between French 10-year OATs and German Bunds widened to 130 basis points, a level not seen since 2012, as markets brace for France's upcoming budget presentation. The move contributed to a broader rise in Eurozone bond yields, mirroring upward trends in U.S. Treasuries.
The 10-year French OAT-German Bund yield spread rises to 130 basis points, its widest level since 2012 as markets remain wary ahead of the presentation of next year's budget in France. S. Treasury yields turn higher again after swinging between fresh highs and falls…