Le Monde
Europe · 18 mins ago
✦ 78✓ Factual
French debt cost climbs to highest level since 2009
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France's government bond yields reached their highest level since 2009 on May 15, driven by rising oil prices and inflation expectations, with the French Treasury's interest payments jumping to €6 billion in Q1.
French debt cost climbs to highest level since 2009
The surge in oil prices and growing expectations of heightened inflation sent government bond yields soaring worldwide on Friday, May 15. In France, the benchmark yield rose above 3.95%. In the first quarter, interest payments by the Trésor public (the French Treasury) jumped to €6 billion.
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