International

US Treasury yields edge higher as bond market monitors France

Hindustan Times2h
THE BRIEF
1

U.S. Treasury yields edged higher in Asian trade on Friday after sliding sharply on Thursday as investors sought safe havens from French government bond turmoil.

2

The 10-year Treasury yield traded 1.5 basis points higher at 4.967%, following a one-day fall of 19.3 basis points on Thursday.

3

Moody's Ratings is set to review France on Friday amid significant market concerns over the country's fiscal challenges and rising bond yields.