Header and navigation menu

Page content

French 10-year bond yield tops Italy levels after PM falls

France faces financial instability as its borrowing costs surpass Italy's, fueled by investor concerns after Prime Minister Bayrou's removal. The yield on 10-year French bonds briefly rose to 3.48 percent. Bayrou's austerity budget, aimed at reducing France's 3.3 trillion euro debt, triggered the confidence vote. Fitch's upcoming debt rating verdict adds further pressure. [...]