French bonds under the spotlight following election of Donald Trump

French government bonds will be under close scrutiny this week amid concerns that the election of Donald Trump will help boost the chances of a victory of the far-right Marine Le Pen at the French elections next year. 

Ms Le Pen, leader of the anti-establishment and anti-Europe National Front party congratulated Mr Trump and said his victory is a harbinger of what could happen in her own country.

“A lot of investors who don’t fully understand the way politics works in Europe are looking at the victory for Trump and are thinking, ‘Could we get the same type of event elsewhere?’” said Charles St-Arnaud, a strategist in London at Nomura International.