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France, the spread likes Hollande

Yields on ten-year government bonds fall to their lowest for almost a month – The spread with Bunds has dropped to 120 basis points and Oats mark 2,78% – The Paris Stock Exchange also recovers, -0,20%.

France, the spread likes Hollande

The bond market pays its respects to the new French president François Hollande. THE 2,78-year Paris government bonds, the Oats, mark a yield of XNUMX%. The differential with the corresponding German Bunds thus stands at 121 points, the lowest value since mid-April.

After the first surge this morning, when the spread had touched 132 bp, investors changed direction, probably also thanks to the decision to Standard & Poor's to maintain Paris rating at "AA+". Also in sharp decline interest rate on 2-year government bonds, which marks 0,457%.

Even on the stock market, theat Place de Paris he scales his losses, scoring, around 12.45 a -0,20%. 

 

 

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