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STIR futures are on the backfoot this..........>

STIR
STIR: STIR futures are on the backfoot this morning with the short sterling
strip seeing the biggest moves in G3 space.
- With a no deal Brexit by October 31 now looking increasingly less likely after
parliament curtailed the government, the short sterling strip continues to move
lower with lower rates contingent upon a no deal Brexit. The curve has steepened
in the White area with Reds, Greens and Blues down 3-4.5 ticks.
- The Eurodollar strip is down 2.5 ticks across most of the curve while the
Euribor strip is down 0.5 ticks across most of the curve.

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