đš FRANCEâS DEBT ALARM IS FLASHING RED đ«đ·
French 10-year borrowing costs are hovering near 5%, around their highest levels since 2002.
Even more striking: investors now demand roughly 1.4 percentage points MORE to hold French debt versus German bonds â the widest gap since the 2012 Eurozone debt crisis.
Franceâs public debt has already surged to a record 119% of GDP, while fiscal and budget uncertainty keeps pressure on its bond market.
â ïž Europeâs sovereign-debt stress is back in the spotlight.
The bond market is sending a warning.
French 10-year borrowing costs are hovering near 5%, around their highest levels since 2002.
Even more striking: investors now demand roughly 1.4 percentage points MORE to hold French debt versus German bonds â the widest gap since the 2012 Eurozone debt crisis.
Franceâs public debt has already surged to a record 119% of GDP, while fiscal and budget uncertainty keeps pressure on its bond market.
â ïž Europeâs sovereign-debt stress is back in the spotlight.
The bond market is sending a warning.
