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France’s 10-year bond yield climbs above 5% stirring fears of a credit crisis

Reported · Written up by our desk · Major Pairs

France’s ballooning debt, coupled with social unrest getting out of control, is posing a perfect storm in the bond market, and boosting the yield of the 10-year Obligation Assimilable du Trésor (OAT) to levels above 5% for the first time since 2002.

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