Arab Today, arab today french 10year bond yield hits record low
Last Updated : GMT 05:46:20
Arab Today, arab today
Arab Today, arab today

French 10-year bond yield hits record low

Arab Today, arab today

Arab Today, arab today French 10-year bond yield hits record low

A trader works behind a computer screen
Paris - AFP

The rate of return of 10-year French government bonds fell to a record low on Friday in the wake of measures taken by the European Central Bank to ease monetary policy.
On the secondary market the yield on the bonds, which indicates what the government will likely have to pay in interest when it borrows more money, fell to 1.656 percent, beating the previous record of 1.659 percent set in May 2013. 

 

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