February 10, 2025 16:35 GMT
CREDIT UPDATE: EU Credit Close
CREDIT UPDATE
- 2y/10y bunds closing -2bp/-1bp at 2.02%/2.36%.
- €IG closes -0.2bp on average. BARY (+19) on mandate with step coupons.
- SX5E/SPX futures are +0.8%/+0.6%. €IG movers include BP PLC (+7%), Fomento de Construcciones y Co (+7%), McDonald's Corp (+5%), ITV PLC (+5%), Thermo Fisher Scientific Inc (-4%), Banca Popolare di Sondrio SPA (-4%).
- Main/XO finish-0.7bp/-4bp at 53.2bp/288bp.
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