France’s Public Debt Set to Reach 121.7% of GDP in 2027 as Political and Fiscal Crisis Deepens - Eurasia Business News
France’s Public Debt Set to Reach 121.7% of GDP in 2027 as Political and Fiscal Crisis Deepens - Eurasia Business News
Source: Eurasia Business News
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DW NOTE
France's debt is accelerating toward 122% while running a permanent fiscal deficit in an environment where the Fed just raised rates and the 10-year Treasury yields 4.94%. The bond market has not priced in what happens when a G7 economy with no monetary sovereignty, no primary surplus, and no credible consolidation plan has to roll over €3 trillion into a rising-rate cycle. That mispricing ends the moment a French auction fails to clear.