Chinese Yuan (CNY)

Basis: China blockbuster! But why? Busy EUR

The busiest day for EUR issuance since September saw the EUR/USD basis swaps curve find itself under downwards pressure in the morning.

Basis: 30y, 10y EUR/USD flows; Clearing talk

Traders reported good 10y and 30y EUR/USD flow this morning, while elsewhere they were sceptical about Eurex's clearing breakthrough.