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Surprising: Moody’s keeps #France at Aa3 w/a negative outlook despite the turmoil. Markets seem far less relaxed: 5y default insurance costs have surged to 103b...

Surprising: Moody’s keeps #France at Aa3 w/a negative outlook despite the turmoil. Markets seem far less relaxed: 5y default insurance costs have surged to 103bps, the highest in over a decade. Investors are repricing French risk. Moody’s is standing still. https://t.co/bLmneUKWEz
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