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Some elevated volumes in the front Month

EURIBOR
  • Some elevated volume in the front Euribor for this time of the day, especially the front 2.
  • ERM4 is sold in 5k, but still trades in a tight 1.5 tick range, with mostly outright flows and no block trade.
  • There's been some small buying interest of the June/Sep and June/Dec spread, but only trading for 2.7k and 2.2k respectively outright.
  • The strip leans steeper, with similar price action in Govies, as the longer end 30yr Buxl leads futures lower in early trade.
  • German 5/30s sees resistance at 12.44, May's high.

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  • Some elevated volume in the front Euribor for this time of the day, especially the front 2.
  • ERM4 is sold in 5k, but still trades in a tight 1.5 tick range, with mostly outright flows and no block trade.
  • There's been some small buying interest of the June/Sep and June/Dec spread, but only trading for 2.7k and 2.2k respectively outright.
  • The strip leans steeper, with similar price action in Govies, as the longer end 30yr Buxl leads futures lower in early trade.
  • German 5/30s sees resistance at 12.44, May's high.