Free Trial

Cash curve a little steeper with long end...>

GERMANY
GERMANY: Cash curve a little steeper with long end underperforming; futures
volumes on the light side though (RXM0 trading 42k, about 2/3 of the last week's
avg volume at this time of day). Levels update:
* 3M10Y Spread -1.007, 12.593 (L: 5.484 / H: 14.233)
* 2Y10Y Spread +1.547, 21.789 (L: 19.903 / H: 22.415)
* 2Y30Y Spread +2.139, 61.097 (L: 58.825 / H: 61.344)
* 5Y30Y Spread +1.417, 56.968 (L: 55.65 / H: 57.221)
Current futures levels:
* Jun Schatz futures (DU) up 0.5 ticks at 112.115 (L: 112.09 / H: 112.13)
* Jun Bobl futures (OE) down 1 tick at 135.08 (L: 135.06 / H: 135.16)
* Jun Bund futures (RX) down 8 ticks at 172.37 (L: 172.3 / H: 172.61)
* Jun Buxl futures (UB) down 58 ticks at 213.4 (L: 213.34 / H: 214.22)

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.