French borrowing costs overtake US amid budget turmoil

The story

Source: The Guardian World · NewTimes editorial text based on the source feed.

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.