French Buyers Not Ready To Step in Right Now: Kumra

French bond stress intensified as a broad flight from risk and the threat of weekend protests reinforced the country's status as the weak link in global markets. The premium on French 10-year bonds over Germany surged to the highest since late 2011, according to Bloomberg. Pooja Kumra of TD Bank noted that French buyers are not ready to step in right now, adding to market concerns.