Free Trial

Ioannis Sokos and Anne Karina Asjorn at........>

EGBS
EGBS: Ioannis Sokos and Anne Karina Asjorn at Nomura recommend takes profit on
their long BTP Aug-27 vs SPGB Oct-27 trade as it has hit its 40bp target. 
- They remark that "e choose to take profit on the trade rather than extending
the target because the spread is now at the bottom of last year's trading range,
but also because we expect the ECB to announce a taper of the APP next week that
could weigh more on BTPs than SPGBs."
- Nomura believe that the Catalonian pressure on the Spanish bond market will
fade as regional elections are called.

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.