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French borrowing costs overtake US amid budget turmoil
France’s bond market hit by another bout of selling as country recovers from weekend protestsBusiness live – latest updatesFrench borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years. Continue reading...
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