France Is ‘Fixed’? – Credit Risk Collapses Most In History
by Tyler Durden
ZeroHedge.com
Apr 24, 2017
French credit risk has collapsed by almost 40% this morning – the most ever – as it appears investors are satisifed that 1) Macron will win the presidency, and 2) Centrist banker/Hollande-lackey Macron will solve all of France’s problems.
Notably, European VIX has plunged (back to historical norms absolutely and relative to US VIX)
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