Alert in the European market: the French bond already yields more than 5%
The French bond reaches a 5% yield for the first time in 24 years. The French 10-year debt exceeds a psychological level, but experts rule out triggering a crisis that could spread to other economies.
France's 10-year bond yield has reached 5% for the first time in 24 years, amid recent protests and concerns over the country's fiscal pressure and political instability. The yield has increased by 145 basis points this year, from 3.56% at the start of the year. Experts do not expect this to trigger a debt crisis that could spread to other European economies, but note that France's political instability and high debt servicing costs pose significant challenges. The country's debt servicing costs are expected to reach €100 billion by 2028.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
