Yields on French, Italian, Spanish, and Greek Sovereign Bonds Give Back Gains Sharply at Market Close

On Thursday (April 9), at the close of European trading, the yield on French 10-year government bonds rose 4.5 basis points to 3.626%, generally closing higher. At 23:04 Beijing time, it hit a daily high of 3.689% before rapidly retracing its gains. The yield on 2-year French bonds rose 3.3 basis points to 2.690%; the yield on 30-year French bonds rose 6.0 basis points to 4.488%, also hitting a daily high of 4.532% at 23:04. The yield on Italian 10-year government bonds rose 4.6 basis points to 3.752%, having hit a daily high of 3.829% at 23:04. The yield on Spanish 10-year government bonds rose 5.0 basis points to 3.433%. The yield on Greek 10-year government bonds rose 4.6 basis points to 3.720%.