The yield spread between French and German 10-year government bonds widened to its highest level since 2012, extending the sharp move seen on Thursday. Strategists at Commerzbank said the widening had also spread to other heavily indebted countries, including Italy, Belgium, and Greece. At one point, the spread between France’s 10-year government bond and the German benchmark reached 149.17 basis points. The move highlights a broader widening trend across parts of the European sovereign bond market cited in the update from ChainCatcher.
ChainCatcher reported that the yield spread between French and German 10-year government bonds climbed to its highest level since 2012, extending the sharp widening seen on Thursday.
Strategists at Commerzbank said the widening had spread to heavily indebted countries including Italy, Belgium, and Greece. The spread between France’s 10-year government bond and its German counterpart reached 149.17 basis points at one point.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
