
France 10-Year Bond Yield Tops 5% as Debt Costs Escalate
French sovereign borrowing rates hit their highest level since 2002 as nationwide street demonstrations unnerve European debt markets.
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French sovereign borrowing rates hit their highest level since 2002 as nationwide street demonstrations unnerve European debt markets.

Hungarian law enforcement takes former central bank governor into custody following his 12-year term steering national monetary policy.

State leadership pushes back against rating agency warnings as local bourses absorb foreign capital outflows.

A one-time charge linked to bad-bank debt transfers hits quarterly earnings despite steady top-line growth.

Widening bond spreads and budget gridlock in Paris challenge the currency bloc's financial stability.

Paper valuation adjustment from Elon Musk's tunneling venture delivers substantial balance sheet boost to the private aerospace contractor.

Multilateral lender cautions policymakers that direct foreign exchange purchases deliver narrow, temporary stabilization benefits.

The private lender estimates a major financial impact following a supreme court ruling on bond write-offs.