French bond futures have declined amid rising political tensions in the country. This downturn follows a broader trend affecting the French stock market, where the CAC 40 index futures fell by 1.1% in early trading. The political climate has intensified with speculation surrounding Prime Minister Michel Barnier, whose probability of remaining in office before December 31, 2024, has dropped to 74%, according to Polymarket. Analysts suggest that the CAC 40 could potentially lose between 5% to 10% in the near term due to these ongoing tensions.