French Sovereign Debt Concerns Mount Amid Rising Bond Yields

France, the Eurozone's second-largest economy, is showing signs of a potential sovereign debt crisis, with its public debt trajectory deemed unsustainable. This situation is exacerbated by an energy price shock, increasing European Central Bank interest rates, and a decelerating European economy. The yield on 10-year French government bonds has reached levels not seen since the 2010 Eurozone debt crisis, while the ECB has raised rates to combat inflation exceeding its target.