French bonds and bank stocks rocked by political turmoil
https://www.reuters.com/markets/europe/french-markets-caught-storm-bonds-bank-stocks-hit-2024-06-14/LONDON, June 14 (Reuters) - French markets endured another brutal sell-off on Friday as political uncertainty unleashed the biggest weekly jump in the premium investors demand to hold French government debt since 2011 and bank stocks tumbled.France's Finance Minister Bruno Le Maire warned the euro zone's second-biggest economy faced the risk of a financial crisis if the far right were to win parliamentary elections in the coming weeks.Marine Le Pen's eurosceptic National Rally (RN), is leading in opinion polls following President Emmanuel Macron's surprise decision at the weekend to call a snap election.
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