French bond yields also on rise ( 10YR_FRA ) by William L. Watts
FRANKFURT (MarketWatch) -- French government bond yields also rose Wednesday as Italian bond yields spiked above the key 7% threshold after clearing firm LCH.Clearnet raised margins required to trade Italian debt. The benchmark French 10-year yield (fr:10yr_fra) rose 10 basis points to 3.18%, according to FactSet Research. The yield premium demanded by investors to hold French 10-year bonds over 10-year German bunds (de:10yr_ger) rose by around 17 basis points to 1.45 percentage points.