The prospect of a Marine Le Pen presidency is spooking investors in the French bond market as the far-right candidate closes in on incumbent Emmanuel Macron ahead of Sunday’s election. Investors have been dumping French debt this week, pushing 10-year borrowing costs to a seven-year high. The yields are on course for their fifth monthly rise, a streak not seen for over a decade, showing the market’s concern over the looming exit from ultra accommodative monetary policy in the euro region. Polls show that after the first round of voting, Macron is likely to face Le Pen in a run-off vote two weeks later — one that ... (full story)