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3-Month X-Ccy Basis Starts To Capture Year End

MARKET TALK

3-Month EUR/USD & JPY/USD cross currency basis now capture the year-end "turn", although the moves are contained owing to the relatively sanguine outlook re: USD funding matters owing to, among other things, the broad spectrum of USD liquidity provisions that were put into play from March.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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