French President Emmanuel Macron is grappling with both a political and economic crisis as Paris' borrowing briefly exceeded Greece's for the first time on Wednesday. On the bond market, where debt that has already been issued is traded, Greek bonds were ...

French borrowing costs effectively matched those of Greece on Thursday for the first time, as Michel Barnier's government teetered on the brink of collapse, underlining a dramatic shift in how lenders view the creditworthiness of euro zone members.

French 10-year bond yields, which move inversely to prices, rose as high as 3.022 per cent in early trading, taking them marginally above Greece’s yields at 3.013 per cent. Greek yields later dipped to 2.