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A few questions this..........>

GLOBAL MARKET/OPINION
GLOBAL MARKET/OPINION: A few questions this morning on the moves lower in
Euribor futures and short sterling futures despite the big rallies seen in
govvies this morning.
- Some pointing to the widening in FRA-OIS and the possible knock-on effects to
LIBOR. Note that US 3m FRA-OIS has widened from 12.4bp on Feb 25 to now be at
49.0bp. Is there increasing concern that European and UK banks might struggle if
coronavirus impacts start to cause more widespread economic disruption?
- Definitely worth keeping an eye on over the coming session.

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