Key facts
- Global shares rose as market volatility decreased.
- European bond prices increased due to demand for fiscal risk protection.
- German 10-year yields fell, widening the spread with French yields.
- The yield gap between German and French bonds reached its widest point since 2012.
Global equity markets experienced a slight upward trend as market volatility diminished in anticipation of significant US employment data. Concurrently, European bond prices saw gains, reflecting investor appetite for assets offering protection against fiscal risks. The yield on German 10-year government bonds decreased, leading to the widest spread between German and French yields observed since the euro zone debt crisis in 2012.