Eurozone Sovereign Bond Yields Rise Broadly; French 10-Year Up 5 Basis Points

The spread between French and German 10-year yields is the detail worth noting: France's move is larger than the core and periphery alike, suggesting the selloff carries a country-specific component rather than a uniform rates shock. That matters for anyone holding euro-denominated credit or using bunds as a benchmark, since a widening French premium changes relative-value math across the curve. The V-shaped reversal after the session high hints at dip-buying, but whether the French-German gap keeps widening is the open question.