Rising banking risk in Europe coincides with the French election Kenya and Brazil look most vulnerable to any election-related disruption Rising government bond yields in some EMs could increase vulnerability to political disruption Political economy issues have always been front and centre when covering emerging markets (EMs), but in the aftermath of the global financial crisis (GFC) this has also become the case in developed markets (DMs). Strikingly, two of the world’s oldest democracies and largest economies, the US and…