France 10-Year Bond Yield Little Changed

2025-11-10 10:25 By Joana Taborda 1 min. read

The yield on France’s 10-year government bond was little changed around 3.45%, holding near its highest level since mid-October and tracking broader European trends.

Sentiment improved amid rising risk appetite following optimism that the US government shutdown could soon end.

In Europe, the ECB is expected to keep borrowing costs unchanged for the rest of the year, with the deposit rate projected at 1.9% in December 2026 and 1.95% in March 2027, compared with 2.0% currently.

Markets are pricing in a 40% probability of a 25-basis-point rate cut in September 2026.

In France, budget talks continued, with the National Assembly approving the revenue section of the 2026 Social Security Financing Bill (PLFSS).

This allows lawmakers to proceed to key articles, including one that would suspend the pension reform, a major concession by Prime Minister Sébastien Lecornu aimed at appeasing the Socialist Party (PS) and avoiding a vote of no confidence.



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