🚨 Market Alert 🚨 Fresh LSEG data just dropped: France's 5-year CDS briefly top… · @0xzxcom · TwKit
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🚨 Market Alert 🚨 Fresh LSEG data just dropped: France's 5-year CDS briefly topped 100bps earlier today, a level we haven't seen since October 2012, before pulling back a touch to 97.75bps. This is the first break above 100bps in 14 years. That's a big signal, and it's already got markets talking about French sovereign risk again. What's your take on this move? 👇 CDS = Credit Default Swap, a derivative that gauges perceived sovereign credit risk, wider spread = higher market concern over credit worthiness
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