Free Trial

Citi: Still Long Post ECB

EGBS

Citi write “periphery longs might be an attractive way to hold euro longs during the summer amid a data-dependent ECB, in our view.”

  • “We continue to expect further tightening of EGB spreads to Bunds, with BTPs our preferred liquid credit.”
  • “Separately, we believe 5s10s BTP is too steep vs other EGBs with bank flows into BTPs potentially slowing now and supply dynamics supportive."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.