And that is reverberating across broader markets as well. 10-year Treasury yields are also down at the lows for the day, lower by 4 bps to 3.758% currently. The more disappointing report here is adding to the risk aversion that we have already been seeing to start the day and that is also keeping the dollar underpinned currently.
Bond yields slump as French PMI disappoints
- 10-year French government bond yields are down 9 bps to 2.93%
