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French 10-Year Government Bond Yield Briefly Tops 5%

France’s 10-year government bond yield briefly rose above 5% for the first time in 24 years, as riots added to concerns about the country’s fiscal and political outlook.

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The yield on French 10-year government bonds briefly rose above 5% for the first time in 24 years. Last weekend’s riots added to concerns over the country’s fiscal and political problems. The move came as France was at the center of…