Live Updates > Live Update Details
2025-09-15 17:49:49
[Bond Market Fluctuations: Rating Fluctuations Affect European Bond Yields] ⑴ European government bond markets saw significant volatility on Monday, with Spanish and Portuguese bonds leading the decline, benefiting from rating upgrades. Specifically, Spain's 10-year bond yield fell 3.5 basis points to 3.250% after S&P upgraded Spain's rating to A+. Portugal's 10-year bond yield fell 3 basis points to 3.093% after Fitch upgraded its rating to A. ⑵ However, French bonds lagged behind after Fitch downgraded its rating to A+. France's 10-year OAT yield fell 1.8 basis points to 3.487%. Against this backdrop, eurozone government bond yields overall fell slightly, opening flat to slightly higher. Specifically, Germany's 10-year bond yield fell 2.2 basis points to 2.692%. ⑶ The bond yield movements triggered by the ratings upgrade highlight the market's high sensitivity to credit rating changes and their immediate impact on bond prices and yields. When making trading decisions, investors need to pay close attention to the developments of such ratings and make comprehensive judgments based on the macroeconomic environment and market sentiment.
