FRENCH BOND YIELDS BREAK 5%, HIGHEST SINCE 2002

France's 10-year bond yield pushed past 5% on Wednesday for the first time since 2002, as investors lose patience with Prime Minister Sebastien Lecornu's push to pass a 2027 budget without a parliamentary majority. France-tracking funds like $EWQ are absorbing the stress as the spread over German Bunds widened to nearly 160 basis points. France's debt load sits near 120% of GDP, roughly twice the European Union's limit, and economists widely expect a credit downgrade that would push borrowing costs even higher.