Morning Update: France's debt crisis takes down another PM
François Bayrou resigned after parliament rejected his austerity budget, leaving Macron to find a new prime minister amid rising public debt and political instability.
When the bond market sneezes, corporate America worries about a 'debt-induced heart attack'
Rising long-term bond yields and mounting public debt are increasing borrowing costs and prompting CEOs to reassess risk, liquidity, and balance-sheet strategies.