France’s Bond Rates Hit Crisis Levels | Nigeria News

France just hit a record high on its ten-year bond yields at 4.23%, the highest since 2008, as investors demand more for lending amid soaring energy prices and inflation fears. This surge puts immense pressure on Prime Minister’s push for spending cuts, with France already running a 5.1% deficit — one of the worst in the eurozone — and carrying a national debt of 117.5% of GDP, nearly double the EU limit. Interest rates on French debt now exceed Greece’s, echoing the crisis days of 2008 — a warning sign that France’s fiscal future is under serious scrutiny. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d06a807503584716