French Bond Yields Hit 5%, the Highest Level Since 2002
France’s 10-year bond yield touched 5% on Oct. 21 for the first time since 2002. Why borrowing costs jumped, and what the budget fight and Moody’s mean next.
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France’s 10-year bond yield touched 5% on Oct. 21 for the first time since 2002. Why borrowing costs jumped, and what the budget fight and Moody’s mean next.