French 10-year bond yield hits 5% for the first time since 2002
The yield on the French 10-year bond touched 5.002% on Wednesday, a level not seen since 2002, and then fell back below it. The spread over the German bond stood at around 157 basis points, close to the levels of the 2011 debt tensions. French public debt reached 119% of GDP at the end of the second quarter of 2026, about 3.6 trillion euros, amid a pending budget in a divided Parliament and ahead of the 2027 presidential election.
In 40 seconds
- The French 10-year bond yield touched 5.002%, the highest since 2002, and later fell back below that level.
- The spread over Germany stood at around 157 basis points, close to 2011 levels.
- French public debt reached 119% of GDP at the end of the second quarter of 2026, about 3.6 trillion euros.
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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