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Pre-vote caution drags French bond yields back from 3-month lows

Two polls on Friday pointed to a low likelihood of victory for anti-euro candidate Marine Le Pen

Abhinav Ramnarayan & Dhara Ranasinghe | Reuters  |  London 

France’s government bond yields pulled back from three-month lows on Friday, as a sense of caution set in during the final hours of trade before a close-run French presidential election. Ten-year bonds yields initially fell, with traders focusing on the final polls ahead of Sunday’s first-round vote and played down the impact of the killing overnight of a policeman in Paris. Two polls on Friday pointed to a low likelihood of victory for anti-euro candidate Marine Le Pen, although both were conducted before the attack. Still, as the session wore, French ...

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