German and French sovereign CDS spreads widen on euro crisis fears

German 5-year CDS have risen from 7.5 to 13bps amid higher interest rates and fears of another euro crisis, while France's CDS have surged to 82bps. Market-implied 5-year default probabilities stand at 1.2% for Germany and 7.1% for France.

Detected & updated continuously · Source: Nebula