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France Debt Tops 119% of GDP as Yields Rise

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Story summary
  • France's public debt hit €3.5955 trillion, 119% of GDP, by end-June 2026.
  • Debt increased €59.6 billion since March following a €75.8 billion Q1 rise.
  • The debt-to-GDP ratio climbed from 117.5% in Q1 to 119% in Q2, surpassing the 117.8% pandemic peak.
  • Ten-year French bond yields rose to 4.73%, the highest since 2003.
  • Investors now require about 5% interest for ten-year loans to France, a rate not seen since 2008.