CAC 40 Firmly In Positive Territory As Bond Yields, Oil Prices Drop

French stocks climbed notably higher on Tuesday, rebounding from previous session’s losses, despite lingering concerns over the nation’s fiscal woes and political uncertainty. Lower oil prices and bond yields helped lift sentiment.

Brent crude futures fell to $97.91 a barrel, before recovering to $98.14, still down as much as 2.2% from previous close. The yield on France’s 10-year government bond dropped to 4.751% this morning.