French Bond Yields Fall Amid Buying, But Volatility Persists
French government-bond yields are moving lower as buying pressure resumes, with yields now approaching multiyear highs. Despite this temporary decline, French bonds are expected to remain volatile due to concerns over the nation's fiscal credibility, stemming from missed deficit targets, political gridlock, and rising interest costs.
French government-bond yields moved lower as buying returned, with yields still near multiyear highs. French bonds are likely to remain volatile as France's fiscal credibility comes under pressure from missed deficit targets, political gridlock and rising interest costs, according to eToro strategist Lale A…