Spooky Chart: French with an Irish Brogue

Here is the one chart via Reuters that scares us most.   French bond yields relative to 10-year German bonds have been spiking.  The market seems concerned that a large commitment by France to backstop or recapitalize its banking system could take down the sovereign,  Irish style.   Not doubt this is what keeps Sarkozy up at night and is sure to catch the risk markets’ attention if it continues.   Keep it on your radar.

(click here if chart is not observable)

This entry was posted in Black Swan Watch, Bonds, Sovereign Debt, Sovereign Risk and tagged , . Bookmark the permalink.

1 Response to Spooky Chart: French with an Irish Brogue

  1. Pingback: Sunday links: staying true | Abnormal Returns

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.