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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance 50-Year OAT Auction climbed to 3.36% in October 2023
FMPMonthlyReleased November 2023
France 50-Year OAT Auction climbed to 3.36% in October 2023, released November 2023, up 0.54% from September's 2.82% reading.
Latest Release
3.360000
Actual
—
Consensus
2.820000
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
50-Year OAT Auction (France) was reported at 3.36% in November 2023. The reading rose from the previous value of 2.82%.
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 Consumer Confidence (May 27) and Unemployment Benefit Claims (May 27).
Auto-generated from current model state · Refreshes on each release · Last update November 2023.
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50-Year OAT Auction - FR
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About 50-Year OAT Auction — France
DEFINITION
The 50-Year OAT Auction is a financial indicator that measures the demand and interest for French government bonds with a maturity of 50 years. This auction allows the French government to raise funds by selling these long-term bonds to investors, providing insight into the country's economic stability and investor confidence. It is closely monitored by financial experts and can impact the overall market sentiment towards French debt.
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 (Nov 2023): actual 3.36 %.
WHAT'S NEXT
This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.
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EXPECTED ZONE
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