Euro (EUR)
USDi: Solid PPI; BEs nudge a little higher; CPI on the ho...
BEs nudged a little higher with a strong PPI providing a green light against an inflation-friendly/neutral backdrop. CPI is now on the horizon.
EUR MTNs: EBRD callables; Rare hybrid
Holidays led to a reduced list of MTNs over the week. Still, EBRD issued short callables, Intesa Sanpaolo printed a CMS and GS launched a hybrid.
EUR Swaps: BTPs wider; PEPP talk
Bunds are down with USTs today but BTPs are weakest amid reports of new borrowing. Elsewhere, banks discuss the ECB's appetite for buying bonds.
EUR New issues: REN, Berlin Hyp, Ile-de-France, Brace of ...
Names on the screens at the end of the week include REN, Berlin Hyp, Ile-de-France and RfPs from the EU and the EFSF.
USDi: Fed props up front BEs but nominal rally weighs on ...
Today’s Fed TIPS purchase helped support front-end BEs but the bull flattening nominal rally weighed on longer tenors.
EURi: Buyers equal sellers; Pre-auction Spanish flow
Traders described Euro inflation as “pretty stable” going into the close with the market lacking any particular trend or momentum.
EUR Swaps: Eikon hits flows; 2s/10s flattens, spreads und...
Traders said the Eikon outage hit flows but spotted flattening in 2s/10s while cash spreads came under pressure.
EUR New Issue Pipeline: Ticking over
EUR new issuance remains quieter for the Easter holidays but continues to tick over, aided by activity from regional governments and supras.
USDi: BEs snap back up; Fed TIPS purchase eyed; Minutes
BEs snapped back higher today after yesterday’s flow-driven hiccup. Inflationistas eye tomorrow’s Fed TIPS purchase operation.
EUR Vol: Top and mid-left active
The top and mid-left of the grid were active.