Article

【U.S. and European government bond yields rise, heightening concerns over a French debt crisis】

U.S. Treasuries and EUR euro-area government bond yields continued to rise, with U.S. borrowing costs nearing multi-decade highs. French government bonds underperformed those of other EUR euro-area countries, as investors worried about whether France could reduce its fiscal deficit to 2027 in GDP 5%. MainSky Asset Management Chairman Schulte noted that French debt is growing at approximately 8%per year; if this continues, by the end of 2027 the debt-to-GDP ratio could reach 130%。