Markets lift the penalty on French spread with biggest daily drop since 2020
French markets recovered on Monday after a black week, following Moody's decision to keep France's credit rating at AA3 instead of downgrading it. The risk premium fell from 167 to 154 points, a 13-point drop, the largest since 2020. The yield on the French 10-year bond fell 11 points and returned below 5%. Moody's expects the government to approve a 2027 budget aimed at reducing the deficit. Société Générale and BNP rose more than 2% and the Cac 40 gained 0.8%.
In 35 seconds
- Moody's kept France's rating at AA3, despite market expectations of a downgrade
- The French risk premium fell 13 points, from 167 to 154, its biggest daily drop since 2020
- The French 10-year bond yield fell 11 points and returned below 5%
IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.




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