The yield on 10-year French government bonds rose to 5% for the first time since 2002.

The yield on 10-year French government bonds rose to 5% for the first time since 2002.

The yield on 10-year French government bonds rose above 5 percent on Wednesday for the first time since 2002, indicating growing doubts among investors about the country's ability to improve public finances, the Wall Street Journal writes.