News
🚨 🇫🇷 French 10y yield rises above US Treasuries for the first time since 2013
🚨 🇫🇷 French 10y yield rises above US Treasuries for the first time since 2013
- 🇫🇷 France's 10-year yield has climbed to about 5.08%, taking it above the US 10-year Treasury yield for the first time since 2013, per newswires ()
- 🇫🇷 It follows a morning of haven demand for core bonds while OATs lagged, with the OAT-Bund spread already above 170bp, per newswires
FO view: It adds to the case that the term premium is being repriced country by country rather than across the board.
Not investment advice.