French 10-Year Bond Yield Hits 5%, Highest Since 2002
The yield was last up about 8 basis points on the day.
France’s 10-year government bond yield reached 5% on Wednesday, its highest level since mid-2002, adding to signs of investor pessimism about the country’s ability to repair its fragile public finances. The yield was last up about 8 basis points on the day. (FR10YT=RR)