{"id":10701,"date":"2021-06-11T09:10:50","date_gmt":"2021-06-11T09:10:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/11\/cac-40-edges-higher-as-bond-yields-fall\/"},"modified":"2021-06-11T09:10:50","modified_gmt":"2021-06-11T09:10:50","slug":"cac-40-edges-higher-as-bond-yields-fall","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/11\/cac-40-edges-higher-as-bond-yields-fall\/","title":{"rendered":"CAC 40 Edges Higher As Bond Yields Fall"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks advanced on Friday, a day after the European Central Bank raised its growth and inflation projections, while pledging a steady flow of stimulus for now.<\/p>\n<p>U.S. inflation data for May showed a bigger-than-expected increase, but investors are pinning hopes that price pressures will be temporary.<\/p>\n<p>Treasury yields remained near a three-month low amid expectations that the Federal Reserve will stick to its dovish stance at the upcoming June 15-16 meeting.<\/p>\n<p>The benchmark CAC 40 index rose 0.4 percent to 6,573 after declining 0.3 percent in the previous session.<\/p>\n<p>Banks fell sharply as Euro zone government bond yields fell after a dovish outcome to Thursday&#8217;s ECB meeting. BNP Paribas shed 0.7 percent, Credit Agricole gave up 0.8 percent and Societe Generale fell as much as 1.5 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Edges Higher As Bond Yields Fall<\/a><br \/>\n<br \/>2021-06-11 09:10:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Friday, a day after the European Central Bank raised its growth and inflation projections, while pledging a steady flow of stimulus for now. U.S. inflation data&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-10701","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10701"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10702"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}