On Thursday France's 10-year bond yield exceeded the US 10-year for the first
time since 2013, reflecting growing investor concern about deteriorating French
public finances and a heavier debt burden. France's 10-year rose about 8 bps to
roughly 5.09%; the US 10-year fell about 6.5 bps to 5.08% as stock-market
volatility drove flows back into US Treasureries.