May 23, 2024 12:54 GMT
Rolling spread dominates
GILTS
- Close to a third of the front Month volume in Gilt is spread related, a decent jump when you consider that it started to kick in post the UK PMI.
- Despite the better activity, the spread has stayed inside its tight 2 ticks range, of a -16 low and -14 high.
- Roll pace runs at 9%.
54 words