French debt risk premium reaches eurozone sovereign crisis levels | Daily Sabah - Daily Sabah

The premium investors demand to hold French government debt over safe-haven German Bunds widened to its highest level in 15 years on Thursday, as concerns about France's strained public finances and ongoing street protests weighed on sentiment. French ministers have promised a significantly expanded security operation for further planned protests on Saturday, with troops expected to be deployed alongside additional police. France's ​benchmark 10-year yield was last up 6.5 basis points at 5.06%, after ​earlier ⁠touching 5.1415%, its highest level since July 2002. The spread over German Bunds expanded to 177.7 bps, its widest since November 2011 during the eurozone debt crisis , underscoring investor unease about France's fiscal outlook.