France 10-Year Bond Yield

France 10-Year Bond Yield closed down by -350.0% to -0.05 on 23 January 2021 and +-132.26% on a weekly basis. France 10-Year Bond Yield momentum was last calculated at +50.0/100 indicating positive momentum. France 10-Year Bond Yield trend is -100.0/100 indicating a negative trend. France 10-Year Bond Yield momentum exhaustion is -1.29731 indicating France 10-Year Bond Yield is oversold.France 10-Year Bond Yield RSI is 47.9588 .

France 10-Year Bond Yield Chart

France 10-Year Bond Yield

France 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the France 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the France 10-Year Bond Yield trading signals presented in the France 10-Year Bond Yield statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
France 10-Year Bond YieldFR.10Y-0.050.5-1-1.2973147.9588-350-132.26-144.25-4.55208

France 10-Year Bond Yield closed at -0.05 on 23 January 2021. France 10-Year Bond Yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. France 10-Year Bond Yield momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. France 10-Year Bond Yield momentum exhaustion is -1.29731 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating France 10-Year Bond Yield is oversold and a possible reversal is imminent. France 10-Year Bond Yield RSI was last calculated at 47.9588. France 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: -0.34095 in a downtrend , 1-quarter moving average: -0.32343 in a downtrend and 1-year moving average: -0.15177 in a downtrend. France 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -350.0%, and weekly return was last recorded at -132.26%. France 10-Year Bond Yield histrorical 20-day volatility was last recorded at 104.476%, France 10-Year Bond Yield alpha None, France 10-Year Bond Yield beta None and France 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor France 10-Year Bond Yield statistics based on historical data since 1970.

France 10-Year Bond Yield News

France 10-Year Bond Yield Factors

France 10-Year Bond Yield

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
France PMI vs 10YFR.FACT.10YPMI-0.27956.3442-7.79842
France ESI vs 10YFR.FACT.10YESI-0.3523.25024.30937
France 10Y vs FXFR.FACT.FX10Y-0.3414.18787e150.012

France Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
CAC 40CAC6464.4800.50.9183655.4061-1.43-1.322.5-0.07952
France ETFEWQ37.39111.5717562.7176-1.27-2.730.460.03298
FOAT France 10Y BondsFOAT161.25000.2957848.33680.421.7-0.010.02729
France 10-Year Bond YieldFR.10Y-0.050.5-1-1.2973147.9588-350-132.26-144.25-4.55208
France 5-Year Bond YieldFR.5Y-0.561-1-1.175243.928611.1138.2729.931.01205
France 2-year bond yieldFR.2Y-0.680.5-0.75-1.1949849.78634.457.265.430.27605
France Yield CurveFR.YC0.63-1-1-1.2052647.801-6.11-20.15-16.89-0.44479
France Credit Default SwapsCDS.France21.31-0.5-1-0.8465144.24991.671.41-0.52-0.27415

France Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade-6066.6-51440.1793551.1864-1.0-1.00.9833332021-03-31
bank lending rate1.231.3-0.05384621.928571.01.00.9833332021-05-31
banks balance sheet10948300109463000.000182710.04062391.01.00.52021-05-31
building permits35800334000.071856311.01.00.9833332021-05-31
business confidence1071040.02884620.5070421.01.00.9833332021-05-30
capacity utilization80.680.520.000993542-0.04502371.0-1.00.32021-06-30
capital flows-5161-14605-0.646628-1.89647-1.0-1.00.2333332021-05-31
car registrations1995091410410.414546-0.1467191.0-1.00.152021-06-30
central bank balance sheet17972201801010-0.002104370.2780231.01.00.82021-05-31
composite pmi57.4570.007017540.1102511.01.00.8166672021-06-30
construction pmi48.951.1-0.0430528-0.09107811.0-1.00.2333332021-06-30
consumer confidence102980.04081630.07368421.01.00.852021-06-30
consumer price index cpi106.34106.20.001318270.01479151.01.00.8166672021-06-30
core inflation rate0.91-0.10.51.01.00.82021-05-31
current account-2896-21510.346351-0.04453981.01.00.452021-03-31
current account to gdp-1.9-0.71.714291.71429-1.0-1.002020-12-31
exports39985.538961.60.02627970.1318811.01.012021-03-31
external debt59884606064260-0.01249950.2396211.01.00.7833332020-10-01
fiscal expenditure211.92163.480.2963050.115903-1.01.00.9166672021-05-31
foreign direct investment9001350-0.333333-0.408284-1.0-1.00.4333332021-05-31
foreign exchange reserves186.24191.23-0.0260942-0.0554344-1.0-1.00.1666672021-06-30
gdp26032715.52-0.0414359-0.108067-1.0-1.002020-01-31
Real GDP5554215518750.00642537-0.0245196-1.0-1.00.052021-03-31
gdp growth-0.1-1.4-0.928571-1.125-1.0-1.00.3083332021-01-01
gdp growth annual1.5-4.8-1.3125-0.3751.0-1.00.4333332021-01-01
gold reserves2436.292436.190.00004104770.0001190481.01.00.82020-11-01
government budget-9.2-3.11.967741.78788-1.0-1.002020-01-31
Government budget-118.79-91.370.3000990.007967691.0-1.00.2666672021-05-31
government debt2739.22650.10.03362140.1978831.01.00.7666672021-01-01
government debt to gdp115.797.60.1854510.6816861.01.002020-01-31
government revenues110.9886.240.2868740.114727-1.01.012021-05-31
housing index120.15119.490.005523470.1400511.01.002021-01-01
housing starts3030034900-0.1318051.16429-1.01.012021-04-30
imports4605244105.60.04413050.2086731.01.012021-03-31
industrial production43.914.42.04861-3.425411.01.00.2166672021-04-30
industrial production mom-0.30.1-4-1.01554-1.0-1.00.62021-05-31
inflation cpi1.51.40.07142861.142861.01.00.752021-06-30
interbank rate-0.484-0.487-0.006160163.48148-1.0-1.00.92021-04-30
interest rate0.050.05001.0-1.00.7916672016-03-09
loan growth4.975.87-0.153322-0.419393-1.0-1.00.01666672021-05-31
loans to private sector286140028581800.001126590.04610481.01.00.22021-05-31
long term unemployment rate2.52.10.190476-0.07407411.0-1.00.4666672021-01-01
manufacturing pmi5959.4-0.006734010.1281071.01.00.8666672021-06-30
money supply m1177103017610200.005684210.08249041.01.00.1833332021-05-31
money supply m2276414027566100.002731620.07530651.01.00.52021-05-31
money supply m332092003218570-0.002911230.08578851.01.00.7666672021-05-31
new home sales30497266050.146288-0.01546361.0-1.00.5166672021-01-01
Producer Price Index105.8105.30.004748340.07193521.01.012021-05-31
PPI Index7.26.70.0746269-2.846151.01.00.12021-05-31
retail sales MoM9.9-6-2.65-0.7374011.0-1.00.5166672021-05-31
retail sales14.342.1-0.660333-1.481481.01.00.12021-05-31
services pmi57.856.60.02120140.1400391.01.00.8833332021-06-30
unemployment rate8.180.0125-0.129032-1.0-1.00.2666672021-01-01
youth unemployment rate19.219.5-0.0153846-0.0724638-1.0-1.00.352021-05-31
zew economic sentiment index66.763.40.0520505-2.251411.01.00.252021-03-28
Construction sector2.8-3.1-1.90323-1.167661.01.00.3833332021-04-01
Consumer sector-8.2-10.5-0.219048-0.5684211.01.00.052021-04-01
Manufacturing sector1.5-8.8-1.17045-1.040211.01.00.4166672021-04-01
Retail sector-6.8-11.8-0.423729-0.6923081.01.00.252021-04-01
Services sector-5.5-13.4-0.589552-0.836311.01.00.52021-04-01
ESI - Economic Composite104.796.20.08835760.4830031.01.012021-04-01

France 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: France 10-Year Bond Yield momentum, France 10-Year Bond Yield trend, France 10-Year Bond Yield oscillator, France 10-Year Bond Yield RSI and France 10-Year Bond Yield returns.

France 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarFrance 10-Year Bond Yield momentum signal ranges from -100 to +100. The France 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the France 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. France 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. France 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when France 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

France 10-Year Bond Yield trend

France 10-Year Bond Yield trend signal ranges from -100 to +100. France 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. France 10-Year Bond Yield Closing price vs France 10-Year Bond Yield moving average (MA) calculation: If France 10-Year Bond Yield is greater than France 10-Year Bond Yield MA value is +1, else -1, 2. France 10-Year Bond Yield Moving average slope calculation: if current France 10-Year Bond Yield moving average is higher than the previous MA, France 10-Year Bond Yield upward slope +1, else -1
France 10-Year Bond Yield trend model can be used as a trend strength indicator. France 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when France 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The France 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. France 10-Year Bond Yield is in an uptrend when France 10-Year Bond Yield price is higher than the 52-week moving average and the France 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the France 10-Year Bond Yield oscillator and France 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

France 10-Year Bond Yield oscillator

The France 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current France 10-Year Bond Yield price versus France 10-Year Bond Yield 1-year simple moving average price. The formula for the France 10-Year Bond Yield oscillator is:
France 10-Year Bond Yield oscillator = (Current Price – 250 trading days France 10-Year Bond Yield simple moving average price) / (250 days France 10-Year Bond Yield price standard deviation)

France 10-Year Bond Yield oversold conditions
France 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the France 10-Year Bond Yield is oversold it is often due for a rebound. Values of the France 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the France 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of France 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the France 10-Year Bond Yield RSI.
France 10-Year Bond Yield overbought conditions
France 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the France 10-Year Bond Yield is overbought it is often due for a correction. Values of the France 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the France 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

France 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when France 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During France 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

France 10-Year Bond Yield returns

MacroVar calculates France 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

France 10-Year Bond Yield returns = (France 10-Year Bond Yield Closing Price – France 10-Year Bond Yield Previous Price)/(France 10-Year Bond Yield Previous Price)
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