Euro hits roughly 17-month low as global bond selloff lifts yields

Oct 2, 2026 18:06 (22d ago)

The euro fell to its lowest level against the dollar in roughly 17 months.
French government bond yields reached their highest level in 14 years.
The global sovereign bond selloff lifted yields across the United States and Europe.

The euro fell to its lowest level against the dollar in roughly 17 months on the New York Foreign Exchange Market on the 1st, marking its weakest level since May 2025. The move came as a global sovereign bond selloff pushed government bond yields higher in both the United States and Europe. French government bond yields climbed to their highest level in 14 years.