France's borrowing costs fall.

Worries that France is next in line to get the euro debt contagion are not being reflected in the bond market. France sold €4B in 10-year bonds Thursday at an average yield of just 1.81%, an all time low. Some commentators have expressed concern about a perceived decline in France's competitiveness and jobless claims in the country have hit an all-time high. Nonetheless, Thursday's debt sale suggests investors still view the country as closer to the eurozone's core than its periphery.