Swaps - 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.

Basis: SOFR mania; Italy whopper drives EUR/USD

An impressively busy day once more for new issuance saw the shadow of Italy’s $7bn 3-part cast over much of the curve.

CNY Swaps: Weak CNY fails to drive bid

Basis: Curve eyed as issuance returns; Panda

Daimler Panda too generous; Unhelpful

CNY Swaps: Renminbi dip; Trade war escalates

Basis: Panda price puzzle; EUR/USD bid

Basis: Relentless bids; Preposterous Panda