French 10-Year OAT Yield Trims Falls After PMI Data
Dow Jones15:30
0730 GMT - The 10-year French OAT yield trims falls after weaker-than-expected flash estimate purchasing managers data. The flash estimate composite PMI came in at 48.4 in October, signaling a contraction in business activity, from 51.1 in September. Analysts in The Wall Street Journal's poll expected a print of 50.8. The 10-year OAT yield last trades at 5.070%, down 0.5 basis points on the day, versus a level of 5.067%, down 0.9 basis points on the day, before the data release, according to Tradeweb.
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