法国10年期政府债券收益率降至3.25%，因投资者消化了新的经济数据以及欧洲央行和美联储降息预期的增长。市场情绪仍然谨慎，注意力还集中在美国总统特朗普7月9日最后期限之前的全球贸易发展以及持续的地缘政治紧张局势上。在经济方面，法国6月份的年通胀率从5月份的四年多来的低点0.7%升至0.9%，尽管仍远低于欧洲央行2%的目标。投资者继续将欧洲央行的最终利率定在1.75%-1.80%左右。欧洲央行副行长Luis de Guindos周一重申，目前的政策立场是适当的，但强调在持续的不确定性中需要灵活性。与此同时，随着劳动力市场降温和通胀压力（部分与美国关税有关）加剧的迹象，预计美联储今年将至少两次降息25个基点。

France’s 10-year government bond yield eased toward 3.25% as investors digested fresh economic data and growing expectations of interest rate cuts from both the European Central Bank and the US Federal Reserve. Market sentiment remains cautious, with attention also focused on global trade developments ahead of US President Trump's July 9 deadline, and ongoing geopolitical tensions. On the economic front, France’s annual inflation rate ticked up to 0.9% in June from a more than four-year low of 0.7% in May, though it remains well below the ECB’s 2% target. Investors continue to price the ECB’s terminal rate around 1.75%–1.80%. ECB Vice President Luis de Guindos reaffirmed on Monday that the current policy stance is appropriate but stressed the need for flexibility amid persistent uncertainty. Meanwhile, the Fed is expected to implement at least two 25-basis-point rate cuts this year, as signs of a cooling labor market and inflationary pressures—partly linked to US tariffs—intensify.