French Bond Sell‑Off Accelerates Amid Unrest, CDS Near 2013 Peaks

French sovereign debt markets have entered a sharp sell‑off as nationwide protests intensify, pushing the 10‑year French bond yield higher and widening the country’s credit default swap (CDS) spreads to levels close to those seen in 2013. Investors are reacting to the uncertainty surrounding the political situation, which has raised concerns about France’s fiscal stability and the potential impact on its economic growth.

While the bond market remains the focal point, global commodity prices have moved in a mixed fashion. Gold fell 0.49% to $4,120.22 an ounce, and silver edged up 0.40% to $57.50. Crude oil continued to climb, with WTI rising 1.18% to $99.70 and Brent up 1.23% to $110.90. Copper gained 0.24% at $6.5913, aluminium slipped 0.61% to $3,011.20, and natural gas dropped 1.64% to $3.008.

The combination of domestic political turbulence and a tightening risk appetite has left markets on edge, with traders closely monitoring both sovereign debt dynamics and commodity trends for clues on the broader economic outlook.