EconomyFrench borrowing costs overtake US amid budget turmoil

French bond selling pushed the 10-year yield to 5.089% on Thursday, while the gap between French and German borrowing costs reached its widest in almost 15 years. Investors are concerned that the government cannot pass next year’s budget, and the sell-off is spreading to Italy and Spain.

French bondsborrowing costsbudgetbond markets

TThe Guardian★★★☆☆2026-10-22 08:40Original