French bond yields top German peers by 1.3 points as U.S. yields hit multidecade high

  • French government bonds yielded 1.3 percentage points more than German bonds.
  • 1.3 percentage points separated benchmark French and German government-bond yields.
  • U.S. stock futures pointed to modest gains at the open.

Benchmark French government bonds are yielding 1.3 percentage points more than comparable German bonds, a spread that is increasing pressure on other heavily indebted European countries. The move comes as U.S. Treasury yields reach another multidecade high, although the resulting anxiety is described as milder than the stress currently seen in Europe. U.S. stocks have remained resilient, with futures indicating modest gains at the open.

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