🔴 BNP Paribas is trading 4.8% down today amid French political uncertainty and rising bond yields

BNP Paribas is trading 4.79% down at €100.66 amid French political uncertainty and rising government-bond yields.

• Reuters reported BNP Paribas down 4% around 09:32 GMT on August 27; France’s 10-year OAT yield reached 4.1068%, with Société Générale and Crédit Agricole also down.
• Trading is closed after a seven-day decline from €111.14 on August 17. Bloomberg linked the selloff to renewed French political instability; no clear BNP Paribas-specific announcement explains it, with evidence pointing to sector-wide and sovereign-risk concerns.