French Bond Risk Hits 15-Year High as Risk Gauge Climbs
AI Summary
French benchmark bond yields reached 5% for the first time since 2002, pushing the country’s perceived debt risk to a 15-year high. Rising energy prices are adding to concerns about France’s fiscal outlook.
The yield on benchmark French debt hit 5% for the first time since 2002 as rising energy prices exacerbated concern over the country’s fiscal outlook. Alice Gledhill has more on "Bloomberg Open Interest." (Source: Bloomberg)