French protests turn violent, drawing arrests and a debt sell-off

Violent protests across France on October 17 turned into riots, leaving shops looted and prompting arrests and a sell-off in French bonds and stocks.

• Protests in several French cities on October 17 turned into riots and looting, damaging about 1,500 shops and burning a 19th-century city hall in Limoges.
• The interior ministry reported 2,397 arrests, one death in Paris, and hundreds of police and gendarmes injured.
• Macron rejected Interior Minister Laurent Nuñez's resignation offer and tasked him with developing new methods against looters, pledging to hold those accountable.
• French 10-year bond yields rose seven basis points to 4.849% on Monday, and the CAC 40 fell 1% as investors sold French assets.
• Students blocked the Louvre Museum's entrances on Monday, preventing the world-famous museum from opening on time.
• Emmanuel Macron acknowledged 'failures in anticipation and intelligence' while the cabinet held an emergency meeting on Monday.
• The France-Germany 10-year bond yield spread widened to 146 basis points, with the euro falling and the CAC 40 dropping 1.2%.
• Interior Minister Laurent Nuñez admitted police 'lost control' during the weekend's violent unrest across French cities.
• Protesting Louvre school students said they condemned 'police repression' and showed solidarity with the high-school movement.
• The Louvre administration said the blockade was a platform for the students' message, not directly linked to the museum.
• Yellow Vests activists called for a fresh mobilization next Saturday against rising living costs and fuel prices.
• French Prime Minister Sébastien Lecornu announced a partial, localized curfew from Monday evening and did not rule out a state of emergency.