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European markets steady for now but widening bond yield spreads offer a warning

Reported · Written up by our desk · Major Pairs

European equities are keeping steadier so far today with France's benchmark CAC 40 index even holding up by 0.3% on the session. Meanwhile, the euro is also only slightly lower against the dollar but is still holding above the 1.1200 level at around 1.1215 currently. That suggests traders are not quite rushing for the exits just yet. That being said, I wouldn't be too quick to mistake the calmer mood for an improvement in the underlying risks for European markets. Not especi

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