French vote gets corporate pipeline pumping again

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By Michael Turner
24 Apr 2017

Risk appetite has returned to the corporate bond market after independent centrist Emmanuel Macron came out on top of the first round of voting in the French presidential election on on Monday morning.

Macron, a candidate popular in the financial markets, received 23.9% of votes with almost all ballots counted, while far right Eurosceptic hopeful Marine Le Pen came second with 21.4% of votes. The pair will face each other again in the second round on May 7.

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