The recent unrest in France could have major economic effects, according to leading European asset managers.
France has seen violent clashes over the course of the past few weeks involving students, the Gilets Jaunes and other groups over the funding of state public services and the economy.
It was reported this week that French borrowing costs have reached their highest levels since 2002, amid growing concerns over the country's public finances, political instability and ongoing protests.
Media reports said that France's riot bill could hit €1.2 billion and that the country’s new state backstop won't share the cost.
But the bigger story could be the country’s bond market.
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