Free Trial

SOFR/ED Spd Widening Extends to June

STIR

Additional background on latest Block/cross of 10k Jun Eurodlr/SOFR futures (see 0732ET bullet. Carry-over from Thu and overnight trade in lead quarterly Mar Eurodlr futures/3M LIBOR jump (see 0722ET bullet) as traders look for extension of FRA/OIS widening to June. To add, short end swap spds leading move wider this morning, possible link to increased funding concerns tied to Russia risk exposure for global banks.

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.