(BFM Stock Exchange) – The Parisian index remains poorly oriented, this Thursday, May 22 still weighted by concerns about American debt.

The Paris Stock Exchange is hard. Its star index, the CAC 40 fell 1% to 7,833.03 points at mid-session this Thursday, May 22, the day after a decline of 0.4%.

The attention of the markets is still focused on discussions on the tax reform project led by President of the United States Donald Trump. It could be adopted during the day before being examined then by the Senate.

Debt concerns

“The leaders of the House of Representatives put pressure for a vote before the holidays of the Memorial Day (holiday in the United States, editor’s note) and presented a revised version which notes the threshold of tax deductions – an expansionist measure aimed at convincing the moderate republicans – as well as faster reductions of Medicaid (health insurance) supported by the most conservative members of the party”, advance Ing economists

The market mainly questions the scope of this text on the trajectory of the debt of the United States. This project could indeed increase the American public debt, already colossal to nearly $ 37,000 billion, of 3.800 billion over the next decade, according to estimates of the Congressional Budget Office (Congress Budget Budget).

“Market concerns concerning the impact of the deficit law intensified this week and sparked a new coordinated fall in American stocks and obligations yesterday. Consequently, the dollar is in free fall,” continue Ing experts.

In addition, an award for bonds at 20 years old, that is to say a debt sale by the United States on the markets, went badly in this context of concerns about American debt. The yield of the treasure bonus at 10 years changes around 4.58%, and that of the due date at 30 years camp above the symbolic threshold of 5%, at 5.085%.

Strong volatility on the title Elior

On the values ​​side, Elior increased by 5.2% but has experienced strong volatility since the opening after the publication of the results of the first half of 2024-2025.

The title is followed by Robertet (+1.6%). The specialist in natural extracts has announced its strategic plan for the next five years and aims for a turnover between 1.1 and 1.2 billion euros by 2030.

In the other markets, the euro yields 0.3% against the dollar to 1.1297 dollars. Oil is down. The July Brent of the Northern Brents contract dropped 1.65% to 63.84 Dollars per barrel, while that of June on the WTI listed in New York gives $ 60.59 to a barrel.