France-Germany 10‑year government bond yield spread rose as high as 149.17bps,
the largest level since 2012, extending Thursday’s sharp widening, LSEG data
show. France has proposed a 2027 budget package including roughly €43bn of
spending cuts and cost‑savings. Commerzbank strategists called bond-market
worrying developments and said the spread widening is no longer confined to
France, clearly spilling over to other high‑debt countries including Italy,
Belgium and Greece.
