Key insights
- French government bond yields edged higher, with the 10-year yield increasing by 2.8 bps to 3.735%. The CAC 40 index declined 0.4%. While not a primary driver, rising European yields can indirectly influence US Treasury yields and potentially weigh on risk sentiment, albeit mildly in this instance.
Investing.com -- French government bond yields rose slightly across most maturities in Monday afternoon trading, with the 10-year yield climbing 2.8 basis points to 3.735%.
The 1-year yield increased 2.6 basis points to 2.643%, while the 30-year yield added 2.1 basis points to reach 4.584%.
The yield spread between 1-year and 30-year maturities narrowed to 194.1 basis points from 194.6 basis points at the previous close.
France’s 5-year credit default swaps remained unchanged during the session.
The CAC 40 index declined 0.4% on Monday.
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