France Faces Worst Bond Decade Since 1803; Contagion Risk Spreads in Europe

French government bonds are on track for their worst decade since 1803, as investors demand higher yields amid rising US rates and fiscal concerns. The selloff is spilling over to other European sovereigns, raising contagion risk. The severity of the decade-long underperformance and the extent of regional spillover are uncertain, but the trend signals sustained market stress in European debt.