French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live
Investors are dumping French government bonds, pushing yields to levels last seen during the euro‑area debt crisis. Paris has responded by outlining a fiscal plan that includes spending cuts and higher taxes to reduce the deficit. Analysts say the market reaction reflects worries about France’s debt trajectory, while the government argues the measures will restore confidence and fiscal stability.