EconomyFrench borrowing costs hit 24-year high as unrest and budget fears rattle markets

France’s 10-year government bond yield briefly reached 5%, its highest level in 24 years. The government has yet to pass next year’s budget, while recent violent protests have heightened political concerns. A market strategist said France’s political risk premium is also weighing on the euro.

Francebond yieldsbudgetfinancial markets

TThe Guardian★★★☆☆2026-10-21 13:14Original