Driven by fiscal concerns, the yield on French 30-year treasury bonds rose to its highest level in more than 16 years on Tuesday. France's far-right political party, the National League, said on Monday that it is preparing for early elections and that the opposition party is expected to overthrow the minority government in a vote scheduled for September 8. French Prime Minister Belou has begun negotiations with various political parties to prevent the collapse of the government. Affected by this, the yield on French 30-year treasury bonds hit the highest level since June 2009, reaching 4.513%, rising 6.5 basis points during the day.

Driven by fiscal concerns, the yield on French 30-year treasury bonds rose to its highest level in more than 16 years on Tuesday. France's far-right political party, the National League, said on Monday that it is preparing for early elections and that the opposition party is expected to overthrow the minority government in a vote scheduled for September 8. French Prime Minister Belou has begun negotiations with various political parties to prevent the collapse of the government. Affected by this, the yield on French 30-year treasury bonds hit the highest level since June 2009, reaching 4.513%, rising 6.5 basis points during the day.