✉news BusinessMarkets first seen 4 d ago, last 4 d ago, peak #18
Stocks rise on earnings as French bond yield hits 5%
Original: Stocks rise with upbeat earnings; France's 10-year bond yield hits 5% mark
Global stocks climbed as a wave of upbeat corporate earnings lifted investor sentiment, while France's 10-year government bond yield reached the 5% mark, a level not seen in years. The jump in French borrowing costs is drawing attention amid concerns over the country's budget deficits and political uncertainty, putting pressure on the eurozone bond market.
Why now: Concerns over France's fiscal position are rattling European bond markets even as corporate earnings cheer equity investors.
FranceEuropean Central BankReuters
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3152432