French 10-year bond yield hits record low

GMT 08:49 2014 Friday ,06 June

Arab Today, arab today French 10-year bond yield hits record low

A trader works behind a computer screen
Paris - AFP

The rate of return of 10-year French government bonds fell to a record low on Friday in the wake of measures taken by the European Central Bank to ease monetary policy.
On the secondary market the yield on the bonds, which indicates what the government will likely have to pay in interest when it borrows more money, fell to 1.656 percent, beating the previous record of 1.659 percent set in May 2013. 


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