Arnaud Girod, head of economics and cross-asset strategy at Kepler Cheuvreux, discusses political risk in France and why he thinks the bond market could become the "fourth-voice" in a fractured parliament as investors confront the reality that the nation’s fiscal deficit is an issue for here and now, not years down the road. "We have three blocks — center, far right and the left — and I think the fourth voice now is going to be the bond market," Girod says on Bloomberg Television.
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