French bond risk climbs to 15-year high as spread to German peers widens to 153 bps

French bond risk climbed to a 15-year high as the spread between French and safer German 10-year bonds widened to 153 basis points this week, the most since early October, pushing French borrowing costs above Italy's at times. The move extends recent market stress over France's fiscal situation, with a leading presidential candidate's talk of canceling some public debt, which nears 120 percent of GDP, weighing on sentiment.

Detected & updated continuously · Source: Nebula