French OAT-Bund Spread Breaches 100bp on Fiscal Woes, Election Risk

France's 10-year OAT yield spread over German Bunds has widened past 100 basis points, driven by weak fiscal indicators, rising global financing costs, and upcoming presidential elections. The widening reflects investor concerns over France's debt sustainability and political uncertainty, potentially increasing borrowing costs and pressuring the euro. The situation is developing as markets price in higher risk premia for French sovereign debt.