French Govt Bond Yields Open Lower, PMI Data Awaited
Dow Jones14:52
0652 GMT - French government bonds take a breather in market opening, with yields falling after Thursday's substantial selloff. Markets await flash estimate purchasing managers data from France, Germany and the eurozone to potentially give new impetus to the bond market. The 10-year French OAT yield declines 2 basis points to 5.055%, having risen to 5.142% on Thursday, the highest level in 24 years. The 10-year German Bund yield is up 0.5 basis points at 3.345%, according to Tradeweb.
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