French 10-Year Yield Hits Fresh 24-Year High as Spread Widens
France’s 10-year government bond yield reached a fresh multi-decade high on Thursday, while its spread hit the widest level since November 2011. Concerns over strained public finances and ongoing street protests kept investors on edge.
By Stefano RebaudoFrance's 10-year government bond yields reached fresh multi-decade highs on Thursday, as concerns over the country's ability to repair its strained public finances and ongoing street protests kept investors on edge.The benchmark 10-year yield (FR10YT=TT) rose 4 basis points (bps…