French bond selloff eases as Moody's spares the country a downgrade

France's 10-year yield

4.976 % on Monday

France's 10-year yield fell 4.5 basis points to 4.976 per cent, after hitting its highest level since June 2002 on Thursday.

Moody's kept France's rating at Aa3 late Friday, and weekend protests largely passed without the unrest of the week before.

What's next

The European Central Bank announces its policy decision on Thursday and is likely to keep its deposit rate unchanged.

Economy · 8 d ago

French bond selloff eases as Moody's spares the country a downgrade

France's 10-year yield fell 4.5 basis points to 4.976 per cent, after hitting its highest level since June 2002 on Thursday.

Moody's kept France's rating at Aa3 late Friday, and weekend protests largely passed without the unrest of the week before.

The European Central Bank announces its policy decision on Thursday and is likely to keep its deposit rate unchanged.

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