French 10-year yield premium over Germany hits 15-year high amid budget impasse

French borrowing costs rose sharply on Thursday, with the 10-year yield spread over German bunds reaching its highest level in nearly 15 years, as investors grow concerned over the government's inability to pass a federal budget following weekend protests. The widening spread signals rising risk premium on French debt, reflecting political instability and fiscal uncertainty. The situation remains fluid, with the outcome of budget negotiations and protest impact still unclear.

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