Free Trial

Spds Widening


US SWAPS: Spd curve flatter with short end running wider on back of heavy (14k) Block/crosses in Eurodollar Red packs since before the NY open, likely payer/sale driven while an estimated $20B AerCap 9-tranche issuance spanning 2-20Y generating rate lock selling as well. Spds should reverse/narrow as supply hedges unwound. Current Swap levels:

TIME2Y Swap Mid5Y Swap Mid10Y Swap/Mid30Y Swap/Mid

To read the full story



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.