French bonds find relief as yields ease; Spanish election also in spotlight
French bonds found some relief on Monday, with yields a touch lower and the spread between French and German borrowing costs narrowing after the previous week's blowout, though both French yields and spreads remain elevated by recent standards.
French bonds found some relief on Monday, with yields edging lower and the spread between French and German borrowing costs narrowing after the previous week's widening, although French yields and spreads remained elevated by recent standards. Investors were also watching the Spanish election.