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Around Neutral As Bunds Tick Away From Asia Highs

EURIBOR

Bunds tick away from Asia-Pac highs through the old Eurex open, leaving Euribor futures essentially unchanged across the strip, also away from best levels.

  • ECB speak from GC member Villeroy once again affirmed his feeling re: terminal policy rate levels already being attained, while stressing the need for rates to plateau for a sufficiently long period. He also underscored the need to stay vigilant re: the inflationary risk from oil prices owing to the Israel-Hamas conflict, while pointing to a clear downward trend in inflation.
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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