June 06, 2024 10:27 GMT
SFRU4/Z4 at a two Months low.
STIR
- There's been continued interest in selling the SFRU4/SFRZ4 spread, has traded in 25k outright today, with more likely done on legs.
- The spread is sold down to -28.5, a two Months low, lowest since 3rd April.
- Support is seen towards -30, the April low.
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