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French bond yield hits 14-year high amid political turmoil
World News
02-09-2025 | 03:55
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French bond yield hits 14-year high amid political turmoil
France's long-term borrowing cost jumped to its highest level since 2011 on Tuesday as investors fret over a confidence vote next week that could topple the minority government.
The yield on 30-year government bonds topped 4.5 percent ahead of Monday's vote, which was called by Prime Minister Francois Bayrou to settle a budget fight but which he is tipped to lose.
AFP
World News
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