- Eurostoxx -0.2%
- Germany DAX flat
- France CAC 40 -0.6%
- UK FTSE flat
- Spain IBEX flat
- Italy FTSE MIB +0.1%
The France-Germany 10-year yield spread widened to 84 bps to start the session, jumping to its highest since January. For added context, the spread widened to around 90 bps late last year and that was the widest since 2012. This comes as newly appointed French prime minister, Sebastien Lecornu, is struggling to get his fiscal affairs in order and is starting to present another bout of political risk/uncertainty for Europe's second largest economy.
