'Pressure built with poorly received plans to reduce the deficit, and again this week after riots that could make it even harder for the government to cut spending.
'These days, higher yields make Japan and Germany look particularly alluring.
'It has a substantial deficit to fund. And it needs to pay back maturing bonds issued when rates were near 0% with newly issued securities yielding much more.
'France has more than $1 trillion in debt coming due by 2030'.