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GILTS: /SWAPS: Spreads tYghten Alongside German Peers

GILTS

Global swap spread correlations evident this morning, with the long end leading the narrowing in the UK, driven by the proposed fiscal expansion in Germany.

  • Note that spreads fail to test respective cycle bases and have edged away from session lows.
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Global swap spread correlations evident this morning, with the long end leading the narrowing in the UK, driven by the proposed fiscal expansion in Germany.

  • Note that spreads fail to test respective cycle bases and have edged away from session lows.