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Fundamental Analysis Posted 1 hour ago

US 10-Year Yield Heads to 5.25%, France Debt Stress Weighs on EUR

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ING expects US 10-year yields to rise to 5.25% and stay above 5%, pressuring eurozone assets already grappling with French sovereign-debt stress. The French-German 10-year spread sits at its widest since 2011 amid EUR 43bn in new budget measures. EUR/USD faces headwinds from higher US rates and persistent France credit concerns.
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