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French borrowing costs overtake US amid budget turmoil

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France’s bond market hit by another bout of selling as country recovers from weekend protestsBusiness live – latest updatesFrench borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country. France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising...

France’s bond market hit by another bout of selling as country recovers from weekend protests

French borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.

France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years.

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French (ORG) US (LOCATION) France (LOCATION) German (ORG)
Originally published by The Guardian World Read original →