French borrowing costs overtake US amid budget turmoil

French borrowing costs overtake US amid budget turmoil

France’s bond market hit by another bout of selling as country recovers from weekend protests Business live – latest updates French borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.

France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years. Continue reading...

Read the full story at theguardian.com

Recommended

General

MORNING GLORY: Trump must go to war on the airwaves to stop Democrats’ blue-wave blitz

General

Independent voters aren’t picking a political team, they just feel picked on

General

We need to talk to communists because there is so much they need to learn