France’s borrowing costs have risen above those of Greece for the first time ever, as anxiety grows that Michel Barnier’s government could fail to pass a belt-tightening budget.
The 10-year yield on French government debt briefly reached 3.02 per cent in early trading on Thursday, crossing above the 3.01 per cent yield demanded by lenders to Greece, before switching back.
The crossover reflects an upheaval in the perceived riskiness of Eurozone borrowers, and underscores the concern among investors over France’s fiscal situation and political instability.
您已閱讀14%(559字),剩余86%(3343字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。