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French bonds are suffering through its worst decade since 1803 - and investors are bracing for more pain

French bonds are suffering through its worst decade since 1803 - and investors are bracing for more pain
morningstar.com

morningstar.com ·

France's massive budget deficit pushed borrowing costs up to multidecade highs - and it turns out the moves were even more historic than that. The French budget deficit is set to reach 5.4% of gross domestic product this year, significantly higher than any other member of the European Union and above the bloc's 3% limit. The country has not managed to run a ...

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