France’s worsening unrest is exposing how difficult it could be for the government to rein in spending and restore confidence in its battered bond market. Mass protests over rising living costs and poor school conditions swept across France over the weekend, with violence and looting breaking out in several cities. Shops were ransacked in Paris
Investors got a reprieve on Thursday as the bond market regained its footing following a global sell-off earlier in the week. A rout in global bonds on Tuesday that sent yields spiking was partly reversed on Thursday, with investors cheering as US Treasury yields dropped from multi-year highs. The move appeared to be largely driven
