French 10-Year Yield Falls Below 5% as Moody’s Keeps Rating
France avoided a Moody’s ratings downgrade as the French 10-year yield fell below 5%; oil prices also dipped.
Story updates
10:43:46 AM UTC
SquawkNews
By Samuel IndykA selloff in French government bonds paused on Monday after the country's sovereign debt was spared a ratings downgrade by Moody's, while weekend protests largely passed without the civil unrest of the week before.Some euro zone bonds were also supported by a small decline in oil pri…