French bond yields barely move following Moody's downgrade of France, with those for the 10-year...

|By:, SA News Editor

French bond yields barely move following Moody's downgrade of France, with those for the 10-year OAT up a mere 0.2 bps to 2.09%. "The rating change does not call into question the economic fundamentals of our country, the efforts undertaken by the government or our creditworthiness," says Finance Minister Pierre Moscovici.