French 10-year bond yields rose four basis points, or 0.04 percentage point, to 4.0 percent at 9:03 a.m. London time. The 3.25 percent security due October 2021 fell 0.345, or 3.45 euros per 1,000-euro face amount, to 101.27.
Belgian two-year note yields climbed 14 basis points to 2.74 percent, while its 10-year yields advanced 10 basis points to 4.40 percent.
Are yields bound to rise substantially in a country heavily in debt? Are the low yields in the USA and Germany manipulated or are we in a depression?
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George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
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