French Borrowing Costs Fall To Record Low Yields, Making Tons Of People Look Like Fools

French borrowing costs have just fallen to record lows.

10-year debt now has a yield of just 2%.

The bond market is mocking everyone who has freaked out about Hollande, higher taxes, socialism, and the downgrade.

And in particular it’s mocking The Economist.

the economist france

Photo: The Economist

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