Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

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The French 10-year government bond yield has risen above the equivalent US Treasury yield for the first time since 2013.

The French yield, or interest rate, jumped 10 basis points to 5.09% this morning, while the 10-year US Treasury yield fell 4bps to 5.07%.

I am disappointed and you can be sure this will get my attention.

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