French markets caught in a storm as bonds, bank stocks hit

LONDON, June 14 (Reuters) – French markets endured another brutal sell-off on Friday, as political uncertainty unleashed the biggest weekly jump in the premium investors demand to hold French government debt since 2011 and bank stocks tumbled.

France’s Finance Minister Bruno Le Maire warned the euro zone’s second-biggest economy faces the risk of a financial crisis after being thrown into turmoil by President Emmanuel Macron’s decision to call snap elections.