Free Trial

BUNDS: /SWAPS: Tightening Bias Intact

BUNDS

Swap spread tightening noted again this morning, keeping the major 3-month Euribor ASW spreads within touching distance of cycle lows.

  • Spreads ~1bp tighter across the curve.
  • Focus on medium-term narrowing drivers and risks surrounding looser German fiscal policy continue to limit any widening episodes.
42 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Swap spread tightening noted again this morning, keeping the major 3-month Euribor ASW spreads within touching distance of cycle lows.

  • Spreads ~1bp tighter across the curve.
  • Focus on medium-term narrowing drivers and risks surrounding looser German fiscal policy continue to limit any widening episodes.