February 04, 2025 10:45 GMT
HYBRIDS: Hybrids: Movers
HYBRIDS
- Relief trade as Canadian/Mexican tariffs were temporarily resolved
- VW perps +20c across curve
- SESGFP +30c across curve
- VOD surprisingly steady given the equity drop (-6.4%) with VOD 3% Call30 even posting a 20c gain.
- We have yet to see what/if tariffs are imposed on the EU.
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