πͺπΊ France's borrowing costs jump as the ECB hikes into a cooling core
The day in view
πͺπΊ France's borrowing costs jump as the ECB hikes into a cooling core
France's 10-year bond yield jumped to 4.23% at Thursday's auction, up from 3.86%, even as euro area core inflation cooled to 2.4% ahead of the European Central Bank's September 10 decision, where a quarter-point hike to 2.50% is already fully priced.