French OAT Yields Slightly Up Amid Peace Talk Optimism
2026-04-15 13:03
By
Joana Ferreira
1 min. read
France’s 10-year OAT yield rose to 3.68%, nearing multi-year highs, as persistent inflation concerns outweighed optimism from US-Iran peace negotiations.
While mediators confirmed progress in extending the ceasefire, with both sides agreeing to continue talks on Tehran’s nuclear program, the Strait of Hormuz, and war reparations, uncertainty remains after the US announced plans to deploy 10,000 additional troops to the region.
Though oil prices fell below $100 per barrel on dialogue hopes, elevated energy costs continue to fuel inflation, prompting markets to price in at least two ECB rate hikes by year-end.
ECB President Christine Lagarde acknowledged that higher energy costs have shifted the eurozone’s economic trajectory but stopped short of signaling immediate rate increases.