France 30-year yield hits post-GFC high

BREAKING: France’s 30-year bond yield has climbed to its highest level since the Global Financial Crisis.
That is a major warning signal from the long end of the bond market.
When long-duration yields break higher, investors are demanding more compensation for fiscal risk, inflation risk, and political uncertainty.
For $FR30Y, this is no longer just a rates move.
It is a confidence test for French debt.

France 30-year yield hits post-GFC high