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French 10-Year OAT Yields Top 5% for First Time in 24 Years

French 10-year OAT yields rose above 5% this week, while French debt yields moved above those of Italy and Greece, according to Domini Impact Investments' Maria Llerena.

The market has real concerns about the French fiscal situation, says Domini Impact Investments' Maria Llerena, as 10-year OAT yields rose above 5% for the first time in 24 years this week. With bond yields at or around 5%, French debt is now trading at yields above those of Italy and Greece, the di…