March 21, 2017 / 7:28 AM / 5 months ago

France/Germany bond yield gap tightens after presidential debate

LONDON, March 21 (Reuters) - France's 10-year borrowing costs over Germany fell 4 basis points on Tuesday, following Monday night's televised debate between French presidential candidates.

Centrist Emmanuel Macron solidified his status as frontrunner in a debate during which he clashed on immigration and Europe with his main rival, far-right leader Marine Le Pen.

France's 10-year bond yields fell 1.2 basis points in early trade on Tuesday, outperforming most high-rated euro zone government bonds. The German equivalent was up 1.3 basis points.

The gap between the two tightened to 64 basis points from around 68 bps on Monday . (Reporting by Abhinav Ramnarayan; editing by Dhara Ranasinghe)

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