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The front end of the Eonia curve is...........>

EONIA
EONIA: The front end of the Eonia curve is marginally steeper in early Tuesday
morning trade compared to Monday's close despite French consumer confidence
dropping more than expected to 100 from 104 and German state of Saxony flash
inflation coming in on the soft side at 1.3% y/y. Looking ahead Eurozone
consumer confidence is released at 1000GMT and then pan-German HICP is released
at 1300GMT. Fed Chair Powell testimony will also be eyed. MNI PINCH see a 32.5%
chance of a 10bp hike in Dec, 1y/1y Eonia 0.4bp higher at -12.5bp & following
levels in short-end Eonia Curve.
* 6-mth unch at -0.354%
* 9-mth unch at -0.35%
* 12-mth unch at -0.343%
* 15-mth +0.1bp at -0.327%
* 18-mth +0.2bp at -0.302%
* 21-mth +0.2bp at -0.271%
* 2-yr +0.1bp at -0.233%
* 3-yr +0.2bp at -0.057%

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