French 30-year bond yield falls 10bp to 5.30% as euro bonds extend rally

Long-dated French paper is being repriced alongside the broader euro-area curve, which matters more for duration-sensitive holders than for short-term traders. The signal here is about term premium compression rather than any France-specific credit story, since the move is framed as part of a wider rally. Whether the long end keeps compressing, or whether this is a pause before supply and issuance calendars reassert themselves, is the open question to watch.