Basic Swaps

Basis: SONIA is hot as Fahrenheit soars

London temperatures are hitting 90 degrees Fahrenheit, enough to make the average Brit yearn for Autumn. SONIA though, is heating up even faster.

Basis: Yield grabbers drive supply as plumbers take over ...

Much like in Watergate, the basis market is being driven by plumbers, trying to find the right way to get the pipes gushing. GBP and EUR benefit.