French debt still finds buyers despite 5% yield, says Morgan Stanley economist

latribune.fr (French) —

France's 10-year bond yield surpassed 5% for the first time since 2002, signaling market doubts about debt sustainability amid political gridlock over the 2027 budget. Morgan Stanley economist Jean-François Ouvrard attributes the rising spread versus Germany to investor concerns over France's growth potential and productivity, compounded by parliamentary paralysis that leaves fiscal correction plans unclear. Despite the higher borrowing costs, Ouvrard insists French debt still finds buyers, though Moody's is set to review France's sovereign rating this Friday.


With a significance score of 2.8, this news ranks in the top 14% of today's 31996 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: