法国10年期OAT收益率保持在3.3%附近,徘徊在两个月低点附近,此前总理塞巴斯蒂安·莱科尔努在决定暂停总统埃马纽埃尔·马克龙的养老金改革后,如预期的那样在国民议会的两次不信任投票中幸存下来。此举有助于稳定政府,但给法国本已脆弱的公共财政增加了结构性压力。惠誉于9月将法国的信用评级下调至A+后,穆迪将于10月24日重新评估该评级,前景可能从稳定转为负面。在货币方面,欧洲央行维持利率不变,理由是通胀接近目标水平,增长预测上调,而面临劳动力市场疲软的美联储普遍预计将在未来的会议上两次降息25个基点。
The yield on France’s 10-year OAT held near 3.3%, hovering close to a two-month low, after Prime Minister Sébastien Lecornu survived two no-confidence votes in the National Assembly, as expected, following his decision to suspend President Emmanuel Macron’s pension reform. The move helped stabilize the government but added structural pressure to France’s already fragile public finances. After Fitch downgraded France’s credit rating to A+ in September, Moody’s is set to review the rating on October 24, with the outlook likely to shift from stable to negative. On the monetary front, the European Central Bank kept rates unchanged, citing inflation near target and upwardly revised growth forecasts, while the US Federal Reserve, facing labor market weakness, is widely expected to deliver two 25-basis-point rate cuts in the coming meetings.