French borrowing costs hit 24-year high as civil unrest and budget fears spook markets

French borrowing costs hit 24-year high as civil unrest and budget fears spook markets

France's borrowing costs surged to their highest level in 24 years as 10‑year government bond yields climbed past 5 %. The increase follows a stalled budget approval and widespread street protests, which have unsettled investors. The combination of fiscal uncertainty and civil unrest has pushed markets to demand higher returns on French debt and could affect future financing costs.