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Eurozone Bond Yields Climb, French OATs Underperform

Yields on French government bonds rose in European opening trade, outpacing their eurozone peers. This movement occurs amid ongoing budget discussions, with the government maintaining its commitment to cap the deficit at 5% of GDP.

Yields on French government bonds rose in early European trade and outpaced those of their eurozone peers. French bonds remained in focus as budget talks continued, with the government saying it will cap the deficit at 5% of GDP. Opposition far-right leader Marine Le Pen's fiscal plan may briefly support O…