Free Trial

EUR 5y5y Oscillates Around 2.15%, Broader Risk Sentiment Outweighs Move Higher In TTF

EGBS

EUR 5y5y inflation-linked swaps continue to trade either side of 2.15% after the recent round of risk-off price action resulted in a fresh year-to-date low at 2.13% on Tuesday.

  • Broader risk appetite continues to dominate, with the move lower in equities outweighing the impact from fresh ’24 highs in TTF futures today.
  • EUR 5y5y hasn’t traded at the ECB’s 2% inflation target since October ’22.
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.