Free Trial

BUNDS: Front Euribor tests Yesterday's low

BUNDS
  • Another round of selling interest in Govies, nothing big nor fast, could be led by the front Euribor (ERH5), although not seeing similar flow into the 2yr Schatz.
  • ERH5 is again testing Yesterday's low of 97.58, it was the lowest printed level since the 17th October.
  • The Euribor did Fix higher today, and the next support for the front contract comes at 97.565, the 17th October low.
65 words

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.
  • Another round of selling interest in Govies, nothing big nor fast, could be led by the front Euribor (ERH5), although not seeing similar flow into the 2yr Schatz.
  • ERH5 is again testing Yesterday's low of 97.58, it was the lowest printed level since the 17th October.
  • The Euribor did Fix higher today, and the next support for the front contract comes at 97.565, the 17th October low.