Bloomberg News

French Five-, 10-Year Bond Yields Drop to Records Before Auction

July 19, 2012

French five- and 10-year bond yields dropped to record lows before the nation sells securities maturing between 2015 and 2017 at an auction.

The nation’s ten-year rate dropped as much as six basis points to 2.037 percent as of 9:38 a.m. London time, the lowest since Bloomberg began tracking the data in 1990. French five- year yields fell as much as seven basis points to an all-time low of 0.731 percent.

Austrian 10-year bond yields fell to as low as 1.83 percent, and the rate on similar-maturity Belgian bonds dropped to 2.438 percent, both the lowest on record.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

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


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