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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance 10-Year OAT Auction climbed to 3.4% in December 2024
FMPMonthlyReleased January 2025
France 10-Year OAT Auction climbed to 3.4% in December 2024, released January 2025, up 0.16% from November's 3.24% reading.
Latest Release
3.400000
Actual
—
Consensus
3.240000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Bullish FR | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
10-Year OAT Auction (France) was reported at 3.4% in January 2025. The reading rose from the previous value of 3.24%.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.19%, up from the prior three at 3.06%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 23) and S&P Global Manufacturing PMI (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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10-Year OAT Auction - FR
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About 10-Year OAT Auction — France
DEFINITION
The 10-Year OAT Auction is a financial indicator that measures the demand for French government bonds with a maturity of 10 years. It is conducted by the French Treasury and provides insight into the country's borrowing costs and overall market sentiment towards its debt. This auction is closely monitored by investors and analysts as it can impact interest rates and the overall stability of the French economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2025): actual 3.4 %. Prior reading (Nov 2024): 3.24 %. Before that (Oct 2024): 2.92 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.