So what you did was, you got up on Tuesday and you thought: “I really wish I had one chart to show my friends that illustrates the extent to which French political risk has dissipated.”
Turns out there’s a whole universe of visuals to choose from in that regard, but some of them are accompanied by titles that sound annoyingly esoteric, so here’s one that’s idiot-proof:
Now will OATs start trading like core debt again?
********
Quick bonus for anyone who cares about € credit: