{"id":48100,"date":"2024-06-12T09:08:41","date_gmt":"2024-06-12T09:08:41","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/06\/12\/cac-40-rebounds-as-bond-yields-drop\/"},"modified":"2024-06-12T09:08:41","modified_gmt":"2024-06-12T09:08:41","slug":"cac-40-rebounds-as-bond-yields-drop","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/06\/12\/cac-40-rebounds-as-bond-yields-drop\/","title":{"rendered":"CAC 40 Rebounds As Bond Yields Drop"},"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 traded higher on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.<\/p>\n<p>Euro zone government bond yields dropped after having risen to their highest levels in around seven months on Tuesday following Moody&#8217;s warning of a downgrade on French debt.<\/p>\n<p>The benchmark CAC 40 was up 26 points, or 0.3 percent, at 7,815 after closing down 1.3 percent the previous day.<\/p>\n<p>The euro held steady while French 10-year bonds snapped four days of losses.<\/p>\n<p>Banks were seeing broad-based gains, with BNP Paribas, Credit Agricole and Societe Generale rallying 1-3 percent. <\/p>\n<p>Automaker Renault was moving lower ahead of an announcement regarding additional EU tariffs on imports of Chinese electric vehicles. <\/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 Rebounds As Bond Yields Drop<\/a><br \/>\n<br \/>2024-06-12 09:08:41<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks traded higher on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":48101,"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-48100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48100","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=48100"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/48100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/48101"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=48100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=48100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=48100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}