French markets tumble after PM Lecornu resigns

A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned. French stocks fell sharply, government bond yields were up 8 basis points and the euro was last down 0.65% at $1.1667. The premium investors demand to hold French government debt, rather than benchmark German bonds, hit its widest since January. Details and analysis by FRANCE 24 business editor Bryan Quinn.