Macro Finance
Treasuries Surge as France’s Fiscal Woes Boost Haven Demand
Bloomberg Markets·October 1, 2026·1 min read
US Treasuries rebounded from a global bond selloff as pressure in European markets fueled demand for haven assets, pulling 10-year yields down from a 24-year high. France's fiscal woes boosted safe-haven buying, with investors seeking refuge in US debt. The move highlights ongoing concerns about European sovereign debt and the relative stability of US markets.
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