France's 10-year bond yield rose 10 basis points toward 5%, a two-decade high, as the Bund spread widened to 145bp amid violent protests, while the euro fell 0.3% and French bank stocks declined.

Bloomberg10/19, 05:58 PM

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

EUR
Pushes down
IntradayMedium confidence
Euro fell 0.3% as French political unrest widened the Bund spread and lifted yields.
Gold
Pushes up
DaysMedium confidence
Political unrest and widening eurozone spreads can raise safe-haven demand for Gold.

What could change this

If the protests ease or the government addresses fiscal concerns, yields and spreads could stabilize, easing pressure on the euro.