Free Trial

While Eurodollar and Tsy option.............>

OPTIONS
OPTIONS: While Eurodollar and Tsy option at-the-money implied vol is under
pressure this morning as underlying retraces with moderate risk-on tone, OTC
Swaption vol remains well BID across the surface this morning, swaption accts
likely spreading off vs. liquid exchange markets. Usually during quiet summer
markets the two move in concert, but not today. As has been very apparent this
week, one ill placed tweet or spurious headline (like late Thursday's Powell
blackout edict to Fed speakers), can change current tone in a hurry. Be wary.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.