Growing Concerns Over Sovereign Debt as Yields Rise in US and Eurozone

Concerns about sovereign debt are increasing, with bond markets viewing the debt of many countries with growing apprehension. The yield on 30-year German Bunds has reached 3.78%, a level not seen since 2011, while 30-year US Treasury yields have climbed to their highest point since 2007. France is a particular concern in the eurozone, with projections suggesting its budget deficit could rise to at least 5.5% of GDP without a 2027 budget resolution.