French 10-Year OAT Yield Hits Six-Month Low

2026-02-17 09:42 By Joana Ferreira 1 min. read

France’s 10-year OAT yield eased to 3.3%, reaching its lowest level since August 7, as investors gravitated toward safer assets and assessed the likelihood of another rate cut from the ECB later this year.

The decline in OAT yields tracked broader global bond market trends.

US 10Y Treasury yields dropped following softer-than-expected inflation data released on Friday, alongside ongoing concerns about potential AI-related disruption.

In Japan, bond yields continued to fall after Prime Minister Takaichi secured a strong election victory earlier this month.

Meanwhile, weaker UK labor market data strengthened expectations of further easing by the Bank of England in 2026.

Across the euro area, evolving expectations around ECB policy have also pressured yields, with markets currently pricing in around a 40% probability of one additional rate cut before year-end.

Investors are now looking ahead to Wednesday’s release of minutes from the Fed for fresh signals on the monetary policy outlook.



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