French 10-Year Yields Hit Highest Since October

2025-12-02 14:53 By Joana Ferreira 1 min. read

France’s 10-year government bond yield rose around 3.48%, approaching its highest level since October 9, after slightly hotter-than-expected Eurozone inflation data reinforced expectations that the ECB is unlikely to cut rates anytime soon.

Yields had already jumped on Monday, following rises in US and Japanese government bonds after Bank of Japan Governor Kazuo Ueda suggested policymakers may consider a rate hike later this month.

Eurostat data showed Eurozone inflation edged up to 2.2% in November, above forecasts of 2.1%.

Along with ECB minutes indicating little urgency to ease policy, the data left market expectations largely unchanged, with investors anticipating no rate adjustments through 2026.



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