EconomyBonds steady after French borrowing costs hit 24-year high and UK yields top 6%
Government bond markets steadied on Friday morning after a sell-off sent France’s 10-year borrowing costs to their highest level since 2002, pushed UK 30-year yields above 6% for the first time since 1998 and drove the benchmark US 10-year yield to a 24-year high.
Bonds steady after French borrowing costs hit 24-year high and UK yields top 6%