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French bond yields hit 24-year high after unrest
French bond yields have topped 5%, their highest level since 2002, after widespread protests and violence over the weekend.
AI Summary
French government bond yields rose above 5%, the highest level since 2002, after widespread protests and violence over the weekend. The surge reflects investors’ growing concern about France’s fiscal position. The government is currently dealing with budget and debt challenges, which has contributed to the loss of confidence among bond investors.
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