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Above average volumes

BONDS
  • Despite the UK Bank holiday, there's above averages volume for December Euribor, and German 2yr Schatz, after futures opened gap lower.
  • ERZ2 has already traded 115k lots, and further interest in steepeners.
  • ERU2/ERZ2 spread has traded 11.6k.
  • ERZ2/ERH3 spread 12k.
  • ERZ2/ERZ3 spread 12k.
  • For Schatz future, the opening gap is at 109.06 down to 108.84.
  • The Sep/Dec spread has traded 20k outright.

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