French markets remain under strain as the government's 2027 budget, heavy on spending cuts, faces skeptical bond investors, with the 10-year yield heading for its steepest quarterl
French markets remain under strain as the government's 2027 budget, heavy on spending cuts, faces skeptical bond investors, with the 10-year yield heading for its steepest quarterly rise in years and the ECB signaling no rescue. Luxury heavyweight LVMH slid alongside the broader market, showing how fiscal nerves are bleeding into even the strongest corporate names. Meanwhile, student and union protests have spread from schools to universities, adding social pressure to an already tense fiscal moment, while manufacturing expanded at a slower pace in September.
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