CAC 40 Falls Amid Yield Spike
The CAC 40 fell 0.5% to close at 8,081 on Thursday, as a sharp rise in global government bond yields weighed on stock markets. The Euro Area 10-year bond yield reached its highest level since late 2011, while France’s 10-year OAT yield rose to a new 18-year high as energy-driven inflation concerns persisted. Crude oil