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CEE Rates Bear Steepeners Accelerate On EU Veto Risks

HUNGARY
  • Local rates open slightly lower at the back end of the curve after a sustained bear steepening last week that accelerated into Friday's close
  • Dominated by losses in the 10Y.
  • The move was less pronounced than in Polish yields
  • but a notable shift has been felt last week (as expected) on EU budget veto risks and Poland/Hungary being sidelined.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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