France-Germany bond spread hits 14-year high as political risk weighs

The yield spread between French and German 10-year bonds widened to ~94 basis points, the highest since 2012, with French yields at 4.44% (highest since 2008) and German at 3.50% (highest since 2011). The widening reflects persistent French political and fiscal concerns, though analysts note it remains below the 200bp peak of the 2012 debt crisis. This signals rising risk premium on French debt, potentially impacting eurozone funding costs and financial stability.