France’s 10-year yield falls 4.5bp after Moody’s holds Aa3 rating
France's 10-year OAT yield dropped 4.5 basis points to 4.976% after Moody's kept its sovereign rating at Aa3, easing a selloff that had pushed yields to their highest since June 2002.
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French 10-year bond yield tops 5% for first time since 2002
France's 10-year OAT yield has pushed above 5%, a level unseen since 2002, as political deadlock and street unrest deepen doubts over Paris's ability to control its budget.
French 10-year bond yield tops 5% for first time since 2002
France's 10-year OAT yield has broken above 5%, a level last seen in 2002, as debt worries and street unrest shake confidence in the government's finances. The move widened the gap with German Bunds and pulled US Treasury yields lower on safe-haven buying.