France’s 10-Year Bond Yield Hits 5% for First Time Since 2002
French 10-year yields reached 5% amid concern about the country’s economic outlook. Major stock indexes also climbed as results and forecasts lifted earnings sentiment.
Major stock indexes advanced on Wednesday as corporate results and forecasts buoyed sentiment on the earnings outlook. France’s 10-year bond yield reached 5% for the first time since 2002, as concerns grew about the outlook for the country’s economy. Shares of Space…