French Markets Slump As Le Pen Gains Traction

After a turbulent week for the French Presidential front-runners, the latest polls show far-right and anti-EU candidate Marine Le Pen gaining traction.

Le Pen has the younger vote...

 

And as Bloomberg points out, markets are starting to take notice.

The premium investors demand to hold French bonds over bunds has risen to the highest since 2014 (red), and the country’s stocks (blue) have fallen to at least a 30-year relative low against their German counterparts.  

Simply put - the core of Europe is coming apart.

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