French borrowing costs surge as political crisis deepens Markets French assets suffered at the hands of a brutal sell-off on Monday, after the country’s latest prime minister resigned just a month into the role, exacerbating an already grave political crisis. French stocks tumbled across the board while government borrowing costs climbed sharply to their highest since 2011, after newly appointed prime minister Sebastien Lecornu [...]
Resurgent inflation fears drive global sell-off in government debt Markets Government bonds suffered a major sell-off on Tuesday as fears about the potential persistence of inflation continued to build.