ECB reportedly have no plans to discuss emergency purchases of French bonds ...Middle East

It is said that the policymakers hadn't reached a point of discussing the need to dip into their emergency bond-buying scheme to offer support for French debt. However, the sources say that there are varying degrees of concern surrounding French bonds.For some context, French bonds suffered quite a selloff last week after a snap election was called. That came after Le Pen's far-right faction, National Rally, is looking to take over the political stronghold there. The risk premium of French bonds against their German counterparts had risen by the most since 2011.But there are no plans yet to discuss the need to utilise the ECB's Transmission Protection Instrument (TPI) with regards to this ma

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