The yield on France’s 10-year government bonds rises to 3.97%, reaching the highest level in over 17 years.

(1) The yield on France's 10-year government bonds rose to 3.97% on Tuesday, marking the highest level since June 2009. (2) Over the past four weeks, this yield has risen by approximately 37 basis points, and over the past 12 months it has increased by about 71 basis points, reflecting the ongoing hawkish market pricing in response to the eurozone's fiscal outlook, persistent inflation, and geopolitical risks.