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French bond yields reach highest since 2002

French 10-year government bond yields rose to their highest level since 2002 on Thursday, driven by concerns over rising interest rates, high debt, and growing budget deficits.

French 10-year government bond yields climbed to their highest level since 2002 on Thursday as the government prepared to present the country’s 2027 budget later in the session. French bonds have faced selling pressure in recent weeks amid concerns about rising interest rates, high debt and growing…