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le pen populism

Chart Check: “Who’s Right?”

This one is kind of esoteric, but someone will get it.

Ok, so this one is kind of esoteric, but someone will get it.

You’ve got the spread between the (largely useless) 2003 France CDS contracts and their (more useful) 2014 counterparts ballooning wider while the OAT-Bund spread (everyone’s favorite barometer of French election risk) calms down.

France

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