Economy · World
France's Borrowing Costs Surge Amid Budget Concerns and Unrest
France's borrowing costs have risen to levels not seen in decades, with one report stating they have overtaken those of the US amid budget turmoil. The increase is attributed to a bout of selling in the bond market, exacerbated by recent weekend protests and unrest in the country. Australian Treasurer Jim Chalmers confirmed that higher borrowing costs would have a budget impact of "definitely billions."
How outlets across the spectrum covered it
L 1 C 2 R 0
- Left (1): The Guardian
- Centre (2): Politico, South China Morning Post