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Sovereign bond

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Close-up of a French government bond with a magnifying glass over the interest rate

Economy

France pays the highest risk premium in its history compared to Spain as the bond nears 4%

The yield on the French ten-year bond nears 4%, its highest level since 2009, with the gap to Spain exceeding 30 basis points, a historic record.

Álvaro Sáez Ferrer · 17 July 2026