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France's debt gets more expensive: 10-year bond yield tops 5% for the first time since 2002

FinanceInternationalEuronews.com30 s readAI summary
Image: Euronews.com

The yield on the French 10-year bond exceeded 5% for the first time since 2002, amid investor concern over public debt and France's budget situation. Yields have been rising as Parliament negotiates a 2027 budget with spending cuts worth billions of euros, with debt close to 120% of GDP. The spread against the 10-year German bond has widened to nearly 160 basis points.

In 30 seconds

  • The French 10-year bond yield tops 5% for the first time since 2002
  • French debt stands near 120% of GDP, against the EU's 60% limit
  • The spread against the 10-year German bond has widened to nearly 160 basis points
Read the full story at Euronews.com

IASummary generated by artificial intelligence from a story by Euronews.com. It may contain errors: the original source prevails.

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