France’s 10-year bond yield hovered around 3.45%, near its highest level since late March, as investors remained cautious over ongoing Russia-Ukraine peace negotiations and awaited fresh policy signals from the US Federal Reserve. With ECB rates expected to remain unchanged in September, attention is turning to Euro Area flash PMIs for signs of momentum after Q2 GDP growth of just 0.1% and inflation holding at 2%. Across the Atlantic, market attention is on Fed Chair Powell’s upcoming Jackson Hole speech, seeking clarity on a possible September rate cut.