Shock Inference Lab

French government falls

2024-12-04 · Germany · election · severity 3/5

Barnier ousted; OAT-bund spread widens to 90bp.

Pre/post market reaction

WindowDE 10Y ΔDE 10Y ΔSpread Δ
1d0.00pp0.00pp0.00pp
1w0.00pp0.00pp0.00pp
1m+0.05pp+0.05pp0.00pp
3m+0.14pp+0.14pp0.00pp

Yields at monthly resolution; sub-month windows interpolated. pp = percentage points.

Domestic political risk

Repricing concentrated locally.

Inference scores

no-signal
confidence: high

No abnormal yield movement detected after factor-model controls.

Early warning36/100

Abnormal yield move before the event (90d proxy).

Reaction38/100

Abnormal yield move after the event (1m / 3m).

Constraint22/100

Lead/lag band: no-signal.

Amplification1/100

Post-event move beyond pre, on a crisis backdrop.

Confidence70/100

Severity × benchmark coverage × data coverage.

v1 scores use a simple factor model on monthly yields. See docs/METHODOLOGY.md.

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