French Government Bonds Face Trouble as Elections Loom

As France heads towards snap elections at the end of June, French government bonds could slide further, having already taken a major hit from the weekend’s European parliamentary elections, pushing their yields even higher, analysts said.

https://www.wsj.com/world/europe/french-government-bonds-face-trouble-as-elections-loom-aef03ead?mod=RSSMSN

French right-wing parties were mired by infighting Thursday as campaigning intensified for snap elections called by President Emmanuel Macron, but his government faces a more unified challenge from the left.

Coming just two years after he failed to secure a majority in parliament to buttress his second presidential term, Macron’s gamble on early polls risks strengthening the far-right National Rally (RN) and has sparked meltdown among traditional conservatives.
https://www.msn.com/en-us/news/world/chaos-on-french-right-as-macron-snap-poll-reshapes-politics/ar-BB1o96ZL?
France Natl Rally party a head in polls

https://www.msn.com/en-us/news/world/france-s-national-rally-party-well-ahead-in-eu-elections-according-to-projected-results/vi-BB1nUN5j?

h/t Emeraldlight

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