The yield on France's 10-year government bonds has passed 5%, a 24-year high, amid the failure to pass a budget and the fallout from violent street protests, the Guardian reports. The Guardian
the GuardianFrench borrowing costs hit 24-year high as civil unrest and budget fears spook marketsYield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests
How much does political instability, rather than economics, drive a country's borrowing costs?
