Bloomberg News

French-German 10-Year Spread Widens to Record 193 Basis Points

November 16, 2011

Nov. 16 (Bloomberg) -- French 10-year bonds fell, increasing the additional yield investors demand to hold the securities instead of benchmark German bunds to as much as 193 basis points, a euro-era record.

The difference in yield, or spread, was at 191 basis points at 12:04 p.m. in London. The rate on 10-year French bonds rose two basis points to 3.70 percent, after earlier dropping 14 basis points to 3.55 percent.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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