The market is factoring in political turmoil in France. In the CDS market, where traders can insure against default, the price of France’s five-year CDS contracts has risen at the fastest pace since the euro crisis in September.
The market is factoring in political turmoil in France. In the CDS market, where traders can insure against default, the price of France’s five-year CDS contracts has risen at the fastest pace since the euro crisis in September.
Leave a Reply