Euro (EUR)
EUR MTNs: Bank and SSA callables
Euro structured note issuance over the past week was led by bank and SSA callables.
EUR Swaps: Hawks quiet so far; US data eyed
The ECB hawks have so far been quiet with little sound of pushback against yesterday's market moves.
USDi: BEs tap themselves out of central bank Dove-Fest
BEs decided that enough is enough and tapped themselves out of today’s central bank dovish fest with a modest pull-back.
EURi: ECB lights a path to the peak; Weighting for Germany
Linkers almost matched today's peripheral-led ECB bond surge, leaving B/Es little-changed. Supply, positioning and reweighting were all in the mix.
EUR Vol: Short-dated gamma expiries slammed amid ECB moves
Short-dated euro gamma was slammed lower after central bank meetings and a global fixed income rally.
ECB hikes 50bps and says another 50bps in March; Big Bund...
The ECB hiked 50bps as expected and said it plans another 50bps in March. The Bund has built on earlier gains.
USD Swaps: BOE peak talk bull-steepens; Banks on Fed
Hints from the BOE that sterling rates are near their peak helped global fixed income bull-steepen. But banks expect two more hikes from the Fed.
EUR Swaps: ECB eyed after BOE hints at peak; Hawkish surp...
Traders eye the ECB meeting after the BOE hikes 50bps but hints at a peak. Some argue a hawkish ECB surprise is unlikely.
USDi: Markets squeeze dovish message out of Powell; BEs f...
The broader markets manage to squeeze a dovish message out of today's FOMC decision/Powell presser, and BEs followed suit by ending modestly higher.
GBP Swaps: Can 76% of economists be wrong about the BOE?
About 3/4 of economists expect the MPC to hike rates by 50bps tomorrow but a minority of pre-cogs look for the Bank to start slowing down.