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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

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