French borrowing costs hit 24-year high as civil unrest and budget fears spook markets

The Guardian reports: Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests Business live – latest updates France’s borrowing costs have climbed above 5% for the first time in 24 years as political concerns and the government’s failure to agree a much-delayed budget spook the financial markets.

This business story centres on France. Names and organisations mentioned in the coverage include French and Business.

Why it matters

Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location

France · Europe

Reported by

The Guardian

First reported

21 Oct 2026, 18:47 IST

Key names

French, Business

Section

Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

• The GuardianFrench borrowing costs hit 24-year high as civil unrest and budget fears spook markets 21 Oct, 18:47

Read the full story at The Guardian ↗

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