French monetary markets had principally recovered from a political dustup earlier this week when Sebastien Lecornu stepped down as prime minister, earlier than being reappointed late Friday.
The hole in yields between French 10-year bonds and their German counterparts narrowed from a 13-year peak on Monday. French shares recouped their losses at week’s finish earlier than President Emmanuel Macron moved to offer the centrist ally another shot — a last-ditch try to discover a approach out of the political disaster.
