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International Business Times

Business

French Bonds Keep Climbing as Unrest Mounts. The Benchmark Note Passed 5% For The First Time Since 2002.

Bonds Paul Krugman France European Union International Monetary Fund

The benchmark French bond topped 5% for the first time since 2002 on Wednesday. (Credit: Getty Images)

French bonds kept climbing on Wednesday as economic and social tensions keep plaguing the country.

The benchmark 10-year OAT topped 5% for the first time since 2002 during the session before pairing some gains.

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