French government borrowing costs touched their highest level since 2002, as concerns over the country’s fiscal woes grow among investors and riots add to the strain.

France’s 10-year government bond yield rose above 5.1% on October 22, climbing more than 10 basis points during the day.

The moves contrasted with an apparent flight to safety in other markets, as artificial intelligence stocks sold off and many bond markets saw yields fall. The 10-year US Treasury yield plunged 18 basis points to 4