France 10-Year Bond Yield Rises to 3.5% Ahead of Fitch Review

2025-09-12 13:53 By Dongting Liu 1 min. read

France’s 10-year government bond yield rose to 3.5% as investors worried ahead of Fitch’s upcoming sovereign rating review.

The agency is expected to announce its decision after European market hours, with a potential downgrade that could lower France’s rating to A+ from AA-.

On the macroeconomic front, US inflation data met expectations, while initial jobless claims climbed to a near four-year high, bolstering bets on a Federal Reserve rate cut next week.

In Europe, recent economic indicators point to moderate growth and balanced risks, with the European Central Bank signaling the end of its rate-cutting cycle.

Geopolitical tensions also remain in focus.

Key developments include US calls for EU tariffs on India and China and Poland’s shooting down of a Russian drone, adding further uncertainty to markets.



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