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France debt crisis: Investors render a ‘guilty’ verdict and are pricing in growing odds of default

The cost of insurance against a French default is now the highest among the major EU countries and the U.K.
That’s according to Thierry Wizman, global FX and rates strategist at Macquarie Group. In a note Thursday, he said the cost of insurance against a French default is now the highest among the major EU countries and the U.K.
Early Friday, the signals s... [3839 chars]
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