CAC 40 edges higher as French 10-year yield dips below 5%

The CAC 40 rose 0.60% to 7,830 points on Monday, as the French 10-year bond yield fell below 5% to 4.97% and Brent crude prices eased, though they remained high at $114 per barrel. Moody's maintained France's "Aa3" credit rating with a negative outlook on Friday, contrary to analyst expectations of a downgrade. Investors are focused on central bank meetings this week, with the Federal Reserve and European Central Bank expected to hold rates steady but signal potential December hikes. Yemeni rebels claimed attacks on Saudi oil infrastructure and Riyadh airport, but reports of Qatari mediation in Tehran eased tensions. GTT shares fell 13% despite confirming annual targets, while Stellantis and Bolloré gained on positive developments.