French 10-Year Bond Yields Equal Greece’s for the First Time

Reported about 11 hours ago

For the first time in history, France's 10-year bond yields matched those of Greece, raising concerns regarding Prime Minister Michel Barnier's government amid looming budget challenges. French bonds, traditionally viewed as safe, saw their yields briefly rise to 3.03%, which is equal to that of Greek bonds, a country previously burdened by a sovereign debt crisis. With potential no-confidence votes from the far-right National Rally party and a difficult fiscal outlook, France's situation appears precarious, raising alarms among investors already wary of European economic stability.

Source: YAHOO

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