France's ten-year borrowing rate crosses the 5% mark for the first time since 2002

On October 21, France's ten-year borrowing rate surpassed 5% for the first time since 2002, raising investor concerns about the country's fiscal recovery. The yield reached 5.005%, up from 4.926% the previous day, with a spread of 1.57 percentage points compared to Germany. This reflects investor distrust, as France now borrows at higher rates than Italy and Spain. The recent national unrest has intensified discussions on purchasing power and public debt, complicating budgetary efforts ahead of the 2027 presidential election. Analysts predict worsening conditions before improvement, and Moody's is set to review France's credit rating, currently at AA3 with a negative outlook.