Investing

France Bond Yields Rise At New Auction

http://platform.twitter.com/widgets/hub.1324331373.htmlFrance had to pay more money for 10-year and 30-year notes today compared to what it paid on December 1`.

France sold 7.96 billion euros of 10- to 30-year bonds

According to Reuters:

Investors demanded a yield of 3.29 percent on the 3.25 percent OAT due in October 2021, above the 3.18 percent fixed when it was last auctioned on December 1, reflecting concerns that France is on the brink of losing its triple-A credit rating.

The yield on the 4.5 percent 30-year OAT maturing in April 2041 rose to 3.97 percent from 3.94 percent in the December 1 auction, the Agence France Tresor debt management agency said.

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