November 07, 2024 07:56 GMT
BUNDS: /SWAPS: Bund ASW Threatening Break Below 0bp
BUNDS
Bund vs. 3-month Euribor ASW prints below the 0bp mark this morning.
- Fiscal and political uncertainty has played into the latest swap spread narrowing, with free float/supply dynamics and ECB easing providing the medium-term drivers of the compression
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