My basic understanding- It’s like a bet against the French economy or an insurance policy in which the investor gets a payout should the French government default on its debts. 

cristaiji

Could someone explain what credit default swaps are, in this quote?

Following the European elections, French credit default swaps have soared to a post-2020 record of 39 points

news

France’s Problem Is Not the "Far Right." It Is Socialism. A Warning For All.

Very interesting article, thanks.

Could someone explain what credit default swaps are, in this quote?

>Following the European elections, French credit default swaps have soared to a post-2020 record of 39 points


