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/SWAPS: ASW A Little Wider Today

BUNDS

Adding to the previously flagged Schatz swap-related flow bullets, Schatz ASW incrementally wider today. A reminder that earlier Commerzbank noted that ““Schatz-spreads have bounced back notably since the roll, suggesting that quite a few shorts have taken profits after spreads had hit the tightest level since 2016 and repos have stabilised.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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