French borrowing costs overtake US amid budget turmoil
France's borrowing costs rose sharply on Thursday as investors reacted to renewed political and fiscal turmoil, pushing the country's 10-year bond yield above the equivalent US Treasury yield for the first time since 2013. The move came as France's bond market faced another round of selling and the gap between French and German 10-year borrowing costs widened to its highest level in almost 15 years. The French 10-year yield climbed to 5.089% in early trading, its highest level since July 2022.The latest rise followed a week of market concern over the government's ability to pass next year's budget. Investors have... [Continue Reading]
360LiveNews | 22 Oct 2026 10:01 LONDON
As an Amazon Associate we earn from qualifying purchases.
