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FRANCE'S BOND YIELD HITS *5.09%*

FRANCE'S BOND YIELD HITS *5.09%*

France's 10-year OAT yield pushed above 5% on Thursday, touching as high as 5.09% and surpassing the equivalent US Treasury yield for the first time since 2013. The spread over German bunds widened past 160 basis points, the widest since late 2011, as a fragile budget vote and Friday's Moody's credit review weigh on sentiment. Investors in the $EWQ France ETF are watching a G7 government now borrow more expensively than Washington.

@55 Markets·1h ago·Source: disruptionbanking.com
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FRANCE'S BOND YIELD HITS *5.09%* | @55 Markets