French borrowing costs overtake US amid budget turmoil
France’s bond market hit by another bout of selling as country recovers from weekend protests Business live – latest updates French borrowing costs…
The Guardian reports: France’s bond market hit by another bout of selling as country recovers from weekend protests Business live – latest updates French borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.
This world story centres on France. Names and organisations mentioned in the coverage include French, Business and German.
Why it matters
International developments of this kind are often followed closely by governments, aid organisations and global markets.
Key details
- Location
- France · Europe
- Reported by
- The Guardian
- First reported
- Key names
- French, Business, German
- Section
- World
- Figure cited
- France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
France hit by debt sell-off as protests unnerve investors
After Macron condemned ‘unbridled violence’, difference between French and German 10-year borrowing costs widens Business live – latest updates…
French borrowing costs hit 24-year high as civil unrest and budget fears spook markets
Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests Business live – latest updates…
Euro falls to 17-month low against dollar amid French debt fears
France’s Cac 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertainty Business live – latest updates The euro…
Macron hosts security council meeting ahead of planned weekend of protests – Europe live
‘The government must hold its nerve,’ Macron told reporters earlier this week French president Emmanuel Macron is back from his tour of the Gulf and…
Can European leaders fix the cost-of-living crisis?
Anger over housing, wages and public services tests European governments facing debt pressures and looming elections.
Russia and Ukraine trade attacks despite pledging to resume peace talks
Overnight attacks on Kyiv injured 15 people, while two were injured in Moscow as Russia said it intercepted 163 drones.
Police investigate Married at First Sight Australia after 'inappropriate' allegations
New South Wales Police say inquiries took place "following a report of inappropriate content being shared".
Two killed in attack on airport in eastern Saudi Arabia, authorities say
It is the latest in a series of attacks by the Houthi movement which have targeted airports and other sites in the kingdom.