France's 10-Year Bond Yield Hits Highest Level Since 2002
The yield on France's ten-year government bond rose to 4.89% on Thursday, its highest reading since July 2002, indicating growing investor wariness.
At around 9:05 a.m. on Thursday, the secondary-market yield on France's 10-year sovereign bond reached 4.89%, up from 4.85% the previous close. This level matches the peak observed in July 2002 and reflects increasing scepticism among investors toward French debt. The move comes just before the government is set to present its 2027 budget later that day. Analysts anticipate that higher borrowing costs could pressure fiscal plans.
Why it matters
Rising yields raise France's borrowing costs, affecting its budget and broader euro-zone financial stability.
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10-year bondyieldinvestor confidenceFrance2027 budgetsecondary market
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