The rate recorded on the financial markets for French 10-year bonds reached 1.34% on june 11th, which is a rapid return to its 2014 average level. Indeed it was still below 0.5 % early May. Why such brutal fluctuations and what are the consequences for the French economy?
Until a few days ago, the word that was on everyone's lips and that triggered the concerns of economists was "deflation". Falling commodity prices under the combined effect of lower Chinese imports and the sharp rise in US oil production, was passed on to consumer prices, which also fell. This ...