Bond yields slump as French PMI disappoints

<p>And that is reverberating across broader markets as well. 10-year Treasury yields are also down at the lows for the day, lower by 4 bps to 3.758% currently. The more disappointing report <a href="https://www.forexlive.com/news/france-june-flash-services-pmi-480-vs-520-expected-20230623/" target="_blank" rel="follow">here</a> is adding to the risk aversion that we have already been seeing to start the day and that is also keeping the dollar underpinned currently.</p>

This article was written by Justin Low at www.forexlive.com.