Actual
4.8840
Daily Change
0.05%
Monthly
0.38%
Yearly
1.55%
Q4 Forecast
4.7932
France 10-Year Government Bond Yield - Summary

France’s 10-year OAT yield rebounded above 4.85%, tracking higher US Treasury yields after stronger-than-expected US inflation data reinforced expectations of further Federal Reserve tightening. ECB President Christine Lagarde said energy-driven inflation has yet to spread across the wider euro area, supporting a wait-and-see approach. However, persistent price pressures and the ongoing US-Iran conflict have strengthened expectations of another ECB rate hike in December, following two increases earlier this year. French borrowing costs remain near their highest levels in over two decades, as record public debt and political hurdles complicate fiscal consolidation. The government aims to cut the budget deficit to 5% of GDP by 2027, but parliamentary support for significant spending cuts remains uncertain ahead of next year’s presidential election.

France 10-Year Government Bond Yield - Stats

The yield on France 10Y Bond Yield rose to 4.88% on October 14, 2026, marking a 0.05 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.38 points and is 1.55 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the France 10-Year Government Bond Yield reached an all time high of 11.85 in October of 1987. France 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on October 14 of 2026.

France 10-Year Government Bond Yield - Forecast

The yield on France 10Y Bond Yield rose to 4.88% on October 14, 2026, marking a 0.05 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.38 points and is 1.55 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The France 10-Year Government Bond Yield is expected to trade at 4.79 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.55 in 12 months time.



Bonds Yield Day Month Year Date
France 10Y 4.88 0.049% 0.380% 1.549% Oct/14
France 1M 2.56 0.001% 0.041% 0.605% Oct/14
France 52W 3.05 -0.039% 0.034% 1.068% Oct/14
France 20Y 5.31 0.017% 0.351% 1.404% Oct/14
France 2Y 3.61 -0.012% 0.141% 1.581% Oct/14
France 30Y 5.44 0.029% 0.298% 1.258% Oct/14
France 3M 2.71 -0.0002% 0.082% 0.676% Oct/14
France 3Y 3.87 0.005% 0.244% 1.677% Oct/14
France 5Y 4.23 0.023% 0.336% 1.589% Oct/14
France 6M 3.03 -0.014% 0.161% 0.996% Oct/14
France 7Y 4.46 0.022% 0.352% 1.611% Oct/14



Related Last Previous Unit Reference
France Inflation Rate 3.00 2.40 percent Sep 2026
France Interest Rate 2.65 2.40 percent Sep 2026
France Unemployment Rate 8.30 8.10 percent Jun 2026

France 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
4.88 4.84 11.85 -5.84 1985 - 2026 percent Daily

News Stream
French Bond Yields Climb
France’s 10-year OAT yield rebounded above 4.85%, tracking higher US Treasury yields after stronger-than-expected US inflation data reinforced expectations of further Federal Reserve tightening. ECB President Christine Lagarde said energy-driven inflation has yet to spread across the wider euro area, supporting a wait-and-see approach. However, persistent price pressures and the ongoing US-Iran conflict have strengthened expectations of another ECB rate hike in December, following two increases earlier this year. French borrowing costs remain near their highest levels in over two decades, as record public debt and political hurdles complicate fiscal consolidation. The government aims to cut the budget deficit to 5% of GDP by 2027, but parliamentary support for significant spending cuts remains uncertain ahead of next year’s presidential election.
2026-10-14
French Bond Yields Ease Ahead of US Inflation
France’s 10-year OAT yield eased to 4.82% as investors awaited US inflation data for fresh clues on the Federal Reserve’s rate path. Despite the decline, borrowing costs remain near their highest levels in more than two decades, amid concerns over record public debt and political obstacles to fiscal consolidation. The government aims to reduce the budget deficit to 5% of GDP by 2027, but securing parliamentary support for significant spending cuts remains uncertain ahead of next year’s presidential election. Meanwhile, ECB President Christine Lagarde said elevated energy-driven inflation has yet to spread across the broader euro-area economy, supporting a wait-and-see approach. However, persistent inflation pressures and the ongoing US-Iran conflict have prompted markets to price in another ECB rate hike in December, following two increases earlier this year.
2026-10-14
French Bond Yields Ease
France’s 10-year OAT yield fell to 4.85%, tracking US Treasury yields lower following a US market holiday. Oil prices also ended a three-session rally as Russia eased diesel export restrictions, tempering supply concerns. Despite the decline, French borrowing costs remain near their highest levels in more than two decades, amid concerns over record public debt and political hurdles to fiscal consolidation. The government aims to narrow the budget deficit to 5% of GDP in 2027, but securing parliamentary backing for significant spending cuts remains uncertain ahead of next year’s presidential election. Last week, EU officials urged Paris to present a credible budget in line with the bloc’s fiscal rules, while French lawmakers are due to begin debating revenue measures this week. Investors are also awaiting Wednesday’s US CPI report and ECB policymakers’ remarks at the IMF–World Bank annual meetings for further clues on the monetary policy outlook.
2026-10-13