France sells EUR 12.399 vs exp. EUR 10.5-12.5bln 2.40% 2029, 2.50% 2030, 2.70% 2031 and 3.50% 2033 OAT

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Indian government official says India is diversifying LPG imports, and buying from the US; currently no plan to raise domestic petrol and diesel prices

[MARKET ANALYSIS] Ongoing energy upside and reaction to Chair Powell's hawkishness weighs on fixed income

France sells EUR 12.399 vs exp. EUR 10.5-12.5bln 2.40% 2029, 2.50% 2030, 2.70% 2031 and 3.50% 2033 OAT

Tesla (TSLA) - NHTSA says prelim evaluation has been upgraded to an engineering analysis on ~ 2.4mln Tesla vehicles in the US over failure of FSD's degradation detection system

Maersk (MAERKB DC) says due to the Middle East situation, a temporary "emergency inland fuel/energy surcharge" will be applied to all inland shipments for Nordic regions until further notice

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.
  • 2.40% 2029: b/c 1.92x (prev. 2.50x) & average yield 2.86% (prev. 2.40%)
  • 2.50% 2030: b/c 1.97x (prev. 2.614x) & average yield 2.92% (prev. 2.48%)
  • 2.70% 2031: b/c 1.87x (prev. 2.61x) & average yield 3.04% (prev. 2.60%)
  • 3.50% 2033: b/c 1.95x (prev. 2.736x) & average yield 3.42% (prev. 3.19%)

Context

The French auction's mixed results show weaker demand compared to previous auctions, indicating declining investor appetite, particularly for the longer maturities. Higher average yields across all maturities may suggest a shift in market sentiment toward rising rates, which could impact future French government borrowing costs and broader European fixed income sentiment.

Related headlines

The feed had this first.

Use the Platform