French Bond Spread Widens Again With Markets on Edge Before Vote

Premium over German 10-year yield is at the highest since 2012
Main political groups face off in a TV debate later Thursday

WATCH: The leaders of the three main political parties running in the French legislative elections faced each other again in a televised debate on Thursday night. Julien Ponthus reports.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Constantine Courcoulas

June 27, 2024 at 3:13 PM UTC

Updated on

June 27, 2024 at 3:41 PM UTC

This article is for subscribers only.

French bonds fell, widening the yield premium over German peers to fresh highs, as investors remain on edge ahead of upcoming legislative elections.

The 10-year yield spread over German securities rose to 83 basis points, the highest level since 2012 on a closing basis. The move unwinds a relief rally this week, and comes as leaders of France’s three biggest political groups prepare for a televised debate later Thursday.