French Bond Yields Rise on Fiscal Concerns; Treasury Yields Fall
French government bond yields are higher due to concerns about the country's fiscal situation, potential budget disagreements in parliament, and an upcoming election. The 10-year French government bond yield rose 3.9 basis points.
French government bond yields opened higher, though still below Friday’s multiyear highs, as concerns persisted over France’s fiscal position, the risk that parliament may not agree on the government’s budget, and a looming election next year. 9 basis points.