Le Pen Already Taking Le Sword to French Stocks and Bonds: Chart
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The premium investors demand to hold French bonds over bunds has risen to the highest since 2014, and the country’s stocks have fallen to at least a 30-year relative low against their German counterparts. After a turbulent week for the French Presidential front-runner, the latest polls show far-right and anti-EU candidate Marine Le Pen gaining traction, and markets are starting to take notice.