Here's your summary from Macron's Election Gamble, Fed Largely Expect to Hold Rates| Markets Today 06/12/24 (https://www.youtube.com/watch?v=GfLBSdJuynM) on the Bloomberg Television channel:

### TLDR:

Macron's election gamble in France causes market volatility, Fed expected to hold rates.

### Key Points:

1. French Finance Minister warns of debt crisis if Le Pen wins parliamentary election.

2. U.S. stocks hit record highs, but Treasury rally pauses ahead of U.S. inflation data and Fed rate decision.

3. Uncertainty in French elections impacting bond markets and French assets.

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