The 30-year French bond yield has risen to its highest level since 2009.

The yield on French 30-year government bonds has risen to its highest level since 2009, driven by a report from the German central bank predicting a stronger German economy, causing poor performance in long-term bonds. Earlier, French Prime Minister Sebastien Lecornu stated that the budget could not be voted on before the end of the year. The yield on French 30-year government bonds climbed 7 basis points to 4.525%; the yield on 10-year government bonds rose 6 basis points to 3.614%, nearing a nine-month high.