France's 10-year bond yield tops 5% for first time since 2002

France's ten-year bond yield has surpassed the symbolic 5% threshold for the first time since 2002. The increase is driven by recent weeks of protests and concerns over the sustainability of French public debt. The yield rise reflects market anxiety about fiscal stability amid ongoing social unrest. Analysts Stefano Reali of Pharus Asset Management and Giacomo Chiorino of Banca Patrimoni Sella discussed the implications on Sky TG24 Business. The development marks a significant shift for France, which has long benefited from low borrowing costs. The protests and debt concerns now threaten to increase government financing expenses, potentially impacting broader European bond markets.