France to Borrow Record €340 Billion as Covid-Era Debt Comes Due

France plans to borrow a record €340 billion in 2027, about €28 billion more than this year, as it finances government spending and refinances debt coming due. The borrowing program will include medium- and long-term bonds, according to the agency managing France’s public debt. The announcement comes as investors worry about the country’s widening deficit and elevated interest rates. Officials forecast a 4.3% yield for 10-year bonds next year, while market rates have already reached 4.8% in secondary markets recently