French Markets Could Do With More Sangfroid

Bond investors have been spooked by Marine Le Pen’s euroskeptic and far-right party potentially winning the French legislative election. But recent cases of ousted populist politicians show that central banks are ultimately in charge.

Bond investors have been spooked by Marine Le Pen’s euroskeptic and far-right party potentially winning the French legislative election. But recent cases of ousted populist politicians show that central banks are ultimately in charge.