France’s 10-year bond yield heads for biggest quarterly surge since 1987

France’s 10-year bond yield heads for biggest quarterly surge since 1987

France's bond yields have been rising sharply, with September seeing the largest increase in decades. Investors are concerned about inflation as energy costs continue to rise, impacting fiscal stability. The government plans to issue €340 billion in bonds next year, which could strain its fiscal position further. Economic indicators suggest that pressures on interest rates may remain elevated going forward.