French government borrowing costs have risen to 5%, raising concerns about a new euro zone debt crisis, with ING's Carsten Brzeski saying the ECB could use crisis tools to protect the rest of the euro zone while excluding France.

Reuters10/23, 07:00 PM

Market impact

Event risk

Which way this story pushes each asset. An inference from the story, not a measured move.

EUR
Would push down
DaysLow confidence
French debt-crisis fears raise euro zone contagion risk
US10Y
Would push down
DaysLow confidence
Euro zone debt stress can drive safe-haven flows into US Treasuries, pulling yields lower

What could change this

If the rise stays contained to France without spillover, euro zone contagion fears ease and the pressure on EUR and Treasury yields fades.

1.1203-0.12%vs previous close

+0.13%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.