French 10-year bond yields hit 5% for first time since 2002

Briefing by News4U · First published 2026-10-21 18:20:52 UTC

Yields on French government debt rose above 5% amid budget delays, protests and fiscal concerns.

France’s 10-year government bond yields rose above 5% for the first time since 2002, driven by political instability, failure to pass a 2027 budget and violent street protests. [1] [2] [3] [4]

The deficit reached 5.1% of GDP in 2025 and debt stood at 115.6% of GDP, with both figures forecast to rise without remedial action. [3]

Sources

1. France’s borrowing costs hit 5% for first time since 2002

   FT Europe · 2026-10-21 08:17:23 UTC · Summary only

2. French Yields Hit 5%, Highest Since 2002, as Risk Gauge Climbs

   Bloomberg · 2026-10-21 09:18:02 UTC · Summary only

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

   The Guardian Business · 2026-10-21 13:17:32 UTC · Full text

4. French Bond Risk Hits 15-Year High as Risk Gauge Climbs

   Bloomberg · 2026-10-21 15:15:18 UTC · Summary only

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