French borrowing costs overtake US as budget turmoil deepens

French borrowing costs overtake US as budget turmoil deepens

France's 10-year bond yield rose to 5.089%, pushing its borrowing costs above US Treasuries for the first time since 2013. The spread over German bonds hit a near 15-year high as the government struggles to pass a budget amid parliamentary gridlock and violent weekend protests that led to nearly 2,400 arrests.

Source: theguardian.com

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