France's rising bond yields and UK's high debt-to-GDP ratio are concerning European markets.

From Investing.com: 2024-09-30 09:29:00

Europe’s financial challenges are highlighted by France’s yields and the UK’s soaring debt-to-GDP ratio. The new French government under Michel Barnier fails to reassure markets as France’s bond yields exceed Spain’s for the first time since 2007. UK’s public debt hits 100% of GDP for the first time since 1961, with projections showing a potential rise to 274% by 2073-74 due to increased public spending. Meanwhile, SNB’s Tony Jordan bids farewell with a final rate cut, China unveils a massive stimulus package to stabilize the property market, and gold continues to shine with a 30% surge this year.



Read more at Investing.com: French Debt: The Next Big Risk for European Markets?