Borrowing costs for France hit a 12-year high relative to Germany, and were equal to those of Greece for the first time ever

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.

France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government.