French Finance Minister Roland Lescourt told the media that as investors are increasingly unwilling to hold French long-term bonds, the country is considering issuing more short-term bonds. The yield on French 10-year treasury bonds rose to 4.91%, and the 2-year treasury yield was 3.61%, and the yield curve steepened to about 130 basis points. Demand for 10-year bonds is still steady, but the issuance of 30-year bonds is “slightly more difficult” due to financial and political concerns, Lescure said.

French Finance Minister Roland Lescourt told the media that as investors are increasingly unwilling to hold French long-term bonds, the country is considering issuing more short-term bonds. The yield on French 10-year treasury bonds rose to 4.91%, and the 2-year treasury yield was 3.61%, and the yield curve steepened to about 130 basis points. Demand for 10-year bonds is still steady, but the issuance of 30-year bonds is “slightly more difficult” due to financial and political concerns, Lescure said.