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EUREX ROLLS

BONDS
  • Still a little early for Eurex Roll, but Schatz tends to lead the pace, which looks to be the case today.
  • An hour ago saw 12k total trading on legs (4x 4k block trades).
  • The spread has so far traded for ~39k outright spread today, and is being sold.

MS Eurex spread views:

  • Buxl: Neutral.
  • Bund: Neutral.
  • Bobl: Neutral.
  • Schatz: Bearish.
  • BTP: Slightly bearish.
  • OAT: Slightly bearish.

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