French Bond Yields Near 24-Year High
French government bond yields climbed further as investors remained cautious ahead of planned weekend demonstrations. The unrest compounds government challenges in reducing its large fiscal deficit while budget debates continue.
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France's 10-year government bond yields rose 3 bps to 4.96% on Tuesday, approaching a 24-year high following weekend riots. The surge reflects growing investor anxiety over the government's ability to reduce its deficit amid public unrest. Rising borrowing costs pressure fiscal stability as upcoming protests threaten further economic disruption.
