Paris, Nov 26, 2024 (AFP) - France key bond spread hits 12-year high

NAMPA / AFP

2024-11-26

A key measure of France's sovereign borrowing costs hit a 12-year high on Tuesday, indicating growing investor concern over the government's stability following snap elections earlier this year. The "spread" which measures the gap between yields on French 10-year state bonds and the benchmark German ones hit 0.86 percentage points, up from 0.72 on November 18. Investors were demanding a yield of 3.05 percent to buy French sovereign debt because o......

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