Euro Zone Bond Yields Rise as French Costs Hit 24-Year High
Euro zone yields rose, led by French borrowing costs reaching their highest level since mid-2002, amid protests and concerns about France’s finances and political uncertainty.
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Euro zone yields rose, led by French borrowing costs reaching their highest level since mid-2002, amid protests and concerns about France’s finances and political uncertainty.
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.
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Treasury yields remain near 24-year highs as the US sells more debt and the Fed is due to publish September meeting minutes. French debt spreads also widened last month to the widest in 15 years.