Euro Zone Yields Rise as French Borrowing Costs Hit 24-Year High
Euro zone bond yields rose, led by French borrowing costs reaching their highest level since mid-2002. Investors assessed widespread French protests and pressure on a government struggling to shore up its finances.
Euro zone bond yields climbed on Wednesday, with French borrowing costs rising again to their highest level since mid-2002. Investors assessed widespread protests in France that are putting pressure on a government grappling with efforts to strengthen its finances. Crude oil prices rebounded.