<p>Due to the increasing political uncertainty in France, investors are taking cautious measures, leading to a rise in the prices of French bank credit default swaps. French Prime Minister François Baroin will face a confidence vote on September 8, which has triggered unease in the French market. &#34;Traders are increasingly worried about a new round of political turmoil that could escalate in the coming weeks,&#34; said Joshua Mahony from Rostro in a report. According to S&amp;P Global Market Intelligence, the 5-year credit default swap spread for BNP Paribas rose by 1 basis point to 43 basis points. The 5-year credit default swap spread for Société Générale increased by 3 basis points to 49 basis points</p>

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<p>Due to the increasing political uncertainty in France, investors are taking cautious measures, leading to a rise in the prices of credit default swaps for French banks. French Prime Minister François Bayrou will face a confidence vote on September 8, causing market unease. Traders are concerned about a potential new wave of political turmoil in the coming weeks. According to S&P Global Market Intelligence, the 5-year credit default swap spread for BNP Paribas increased by 1 basis point to 43 basis points, while the 5-year credit default swap spread for Société Générale rose by 3 basis points to 49 basis points</p>

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