France’s 10-year bond yield was on track for its biggest quarterly increase in nearly four decades and its sharpest monthly rise in almost four years, highlighting the scale of September’s global debt-market selloff, Reuters reported.
Eurozone yields retreated from this week’s peaks on Wednesday as investors became more cautious about the prospect of aggressive central-bank rate increases. However, hotter-than-expected inflation readings from France, Germany and Italy limited the decline.
