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…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
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.
Contact [email protected] for any questions or corrections.
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
