France bond yields hit nearly 25-year high amid unrest and debt concerns
France is facing renewed pressure in its bond market as investors push borrowing costs to their highest level in nearly a quarter of a century. The rise comes as the country continues to experience severe social unrest, with hundreds of thousands of protesters opposing budget cuts and calling for more spending. The combination of market stress and street unrest has sharpened scrutiny of France's fiscal position and political stability.The supporting material says France's 10-year bond yield has climbed by more than 130 basis points since June and is now above 4.9 percent. It also says the country's borrowing costs are... [Continue Reading]
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