The clarification follows reports that Finance Minister Roland Lescure told the Wall Street Journal France was weighing an increase in shorter-maturity debt. Market volatility has pushed France's 10 year yield to 4.91% compared to 3.61% for the 2 year, steepening the yield curve to about 130bp. Lescure had suggested that while 10 year bonds remain in demand, 30 year issuance has become more difficult due to political and fiscal concerns.
