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Will Consensus Underestimate Core CPI Again?

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EURIBOR: ***Traders note micro-curve steepener trades going through screens
inlast few minutes:
* Jun8/Jun9 bought at 21.5 in 2.5k
* Jun8/Sep8 bought at 3.5 in 6.5k
* Jun8/Dec8 bought at 8.5 in 2.8k
* Sep8/Mar9 bought at 11.5 in 4k
* Dec8/Jun9 bought at 13 in 4.5k

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