CAC 40 Falls Amid Yield Spike

2026-09-24 15:59 By Isabela Couto 1 min. read

The CAC 40 fell 0.5% to close at 8,081 on Thursday, as a sharp rise in global government bond yields weighed on stock markets.

The Euro Area 10-year bond yield reached its highest level since late 2011, while France’s 10-year OAT yield rose to a new 18-year high as energy-driven inflation concerns persisted.

Crude oil rose amid heightened Middle East tensions, while strong US economic data released yesterday drove US yields higher, intensifying the global move amid expectations of another Fed hike this year.

Financial stocks were mostly lower, with Société Générale falling 3.3%.

Industrials also posted sharp losses, with Schneider Electric shedding 1.2%, EssilorLuxottica falling 3.5%, Thales down 2.7%, and STMicroelectronics losing 2.7%.

Heavyweight luxury stocks were mostly muted.

In contrast, TotalEnergies rose 1.8%.

France’s consumer confidence index held steady at 86 in September, above forecasts of 85 but remaining below its long-term average of 100.



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The CAC 40 fell 0.5% to close at 8,081 on Thursday, as a sharp rise in global government bond yields weighed on stock markets. The Euro Area 10-year bond yield reached its highest level since late 2011, while France’s 10-year OAT yield rose to a new 18-year high as energy-driven inflation concerns persisted. Crude oil rose amid heightened Middle East tensions, while strong US economic data released yesterday drove US yields higher, intensifying the global move amid expectations of another Fed hike this year. Financial stocks were mostly lower, with Société Générale falling 3.3%. Industrials also posted sharp losses, with Schneider Electric shedding 1.2%, EssilorLuxottica falling 3.5%, Thales down 2.7%, and STMicroelectronics losing 2.7%. Heavyweight luxury stocks were mostly muted. In contrast, TotalEnergies rose 1.8%. France’s consumer confidence index held steady at 86 in September, above forecasts of 85 but remaining below its long-term average of 100.
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