Tradeweb says France 10-year yield rose 12 bps to 3.66% in June
TW•June bond trading stayed subdued after May volatility
Tradeweb said June government bond trading was subdued after May's volatility, with most 10-year benchmark yields making only modest moves over the month.
France saw the largest monthly move among major benchmarks
France's 10-year yield climbed more than 12 basis points in June to 3.66%, the biggest shift highlighted in Tradeweb's analysis.
ECB, Fed and Bank of Japan policy decisions shaped yield moves
The European Central Bank raised key rates by 25 basis points, citing renewed inflation pressures. Germany's 10-year yield fell 6.6 basis points to 2.86%. In the U.S., the 10-year Treasury yield ended June at 4.44%, little changed, as the Federal Reserve held rates amid resilient activity signals. Japan's 10-year yield rose 2 basis points to 2.68% after a 25-basis-point policy rate hike to 1%, the highest since 1995.
