the markets assess a lower risk of bankruptcy for the United Kingdom than for France
The UK’s bankruptcy risk has fallen below that of France as Rishi Sunak restores the government’s financial credibility and markets drastically revalue that country’s political risk premium. Credit default swaps measuring the likelihood of sovereign default in five years have fallen to 33.92 and are now lower than they were during the pandemic, suggesting investors …
the markets assess a lower risk of bankruptcy for the United Kingdom than for France Read More »