4 August 2025, 15:25  France: Bonds Pause After Slide as Fed Cut Bets Grow.

France’s 10-year government bond yield held steady around 3.35%, following its steepest weekly decline in several weeks, as investors remained focused on the diverging economic signals from the US and Eurozone, and their potential impact on monetary policy. Weaker-than-expected US jobs data, along with sharp downward revisions to prior months, have raised expectations of two more Federal Reserve rate cuts this year, starting in September. President Trump’s dismissal of a senior Labor Department official has further added to market uncertainty. Meanwhile, Eurozone inflation surprised slightly to the upside, holding at 2.0% in July versus a 1.9% forecast, reinforcing expectations that the European Central Bank will maintain rates for now.

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