France Bond Rout Worsens as Debt Concerns Mount
Pressure on French government debt intensified, impacting European markets as investors grow concerned about the nation's rising debt levels. Analysts note that the selloff is largely driven by these concerns.
France is in the eye of the storm, with pressure on government debt intensifying today and rippling through European markets as investors worry about mounting debt. "[The selloff] is a lot about concern over France," said Mohit Kumar, chief European economist at Jefferies in London.