Bonds - EUR
EUR Swaps: Big bear-steepening; Puzzling long-end
Global fixed income has bear-steepened today, while strategists at BofA find recent price action in long-end euros to be puzzling.
EUR New Issues: Banks and corporates
Banks and corporates are working on new euro deals including ING and Carlsberg.
EUR Swaps: Bund round trip; Euribor flattener eyed
The Bund made a round trip today, while strategists look at value in Euribor flatteners.
EUR Swaps: Lower amid hawkish pauses; Buba and spreads
The Bund is trading lower after hawkish pauses from the FOMC and BOE. Strategists looks at Bundesbank remuneration changes and spreads.
Basis Swaps: Cable stands out as MPC pauses… just
Two weeks ago a pause by the MPC would have been more-or-less unthinkable. Today it paused amid heavy cable basis flow.
EUR Swaps: Drifting higher into FOMC; Dutch PF risks to s...
The Bund has drifted higher ahead of the FOMC meeting. Banks look at the potential threat of Dutch PF flows to steepeners.
EUR New Issues: Pace slows into CB meetings
The pace of euro new issuance has slowed ahead of central bank meetings.
EUR Swaps: Drifting lower amid oil gains; Dutch pension f...
Bunds are drifting lower amid gains in oil. In research, Rabobank examines the Dutch pension fund buyout market.
Basis: USD supply dries up, cable busy
After an outpouring of cross-market USD issues yesterday, that market has dried up. Cable flows are lively though.
EUR New Issues: BNG, BNPP, Flemish Community, KHFC, Rente...
Among the issuers working on new euro deals are BNG Bank, BNP Paribas, Flemish Community, KHFC and Rentenbank.