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French Banks' Credit Risk Has Surged Above Major European Peers
Summary by BizToc
4 Articles
4 Articles
Developments take place in a context of strong pressure on French sovereign debt. The gap between the 10-year French bonds and the German Bunds exceeded 150 basis points, reaching unseen levels since the euro area debt crisis, while French sovereign CDS rose to about 87 basis points, the highest level since the beginning of 2013.
·Lisboa, Portugal
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The credit risk of French banks increased beyond that of their main European counterparts, but AT1 subordinated bank debts also suffered more overall from the rise in rates.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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