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Posted 1 hour ago
France's 10-year bond yield spreads widen to 24-year high
French government bond yields hit their widest premium over German equivalents since 2011, driven by fiscal strain from the €43bn budget-tightening measures and persistent eurozone sovereign-debt concerns. EUR/USD and EUR/GBP face pressure as capital rotates toward safer German Bunds; ECB policy divergence and French rating risk now dominate the EUR narrative ahead of 28 October budget clarity.
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