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French Unrest and Political Conflict Drive Up Government Bond Yields

CNBC ·

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  1. 1French President Emmanuel Macron criticized unacceptable and foolish remarks made by foreign leaders and others.
  2. 2The French 10-year government bond yield rose by 11bp to reach 5.113% on Thursday morning.
  3. 3Assuming no additional major impact, Morningstar estimates insurance losses at 1.2 billion euros.

So what's the key point?

The French President criticized foolish remarks from other leaders. Government bond yields rose to 5.113%, and insurance losses are estimated at 1.2 billion euros.

Source CNBC · View original ↗

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