France sells bonds at highest rate since 2008 amid deficit worries
The French Treasury sold benchmark 10-year OATs at 4.23% on Sept 3, up from 3.90% in August and the highest since the 2008 crisis, with French yields now above Greece's. The deficit stands at 5.1% of GDP against the EU's 3% ceiling and debt at 117.5% of GDP, the highest since the Second World War. Corroborated centrally against independent coverage of European yields at 15-year highs.