Moody's Drops France Rating in Blow to Hollande

France lost its top credit rating with Moody’s Investors Service, dealing a blow to President Francois Hollande’s efforts to show budget credibility in the face of a stalled economy.
Bond Yields Rise to 2015 High as Index Futures Climb
15:13 - Global bond yields climbed to the highest levels this year as the selloff in sovereign debt spread to Asia. European stock-index futures rose, while Australia’s currency strengthened after the nation’s economic growth beat estimates. Laurence Mutkin, Global Head of G10 Interest Rate Strategy at BNP Paribas expands on this story with Mark Barton on “Countdown.”
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