US DATA: Core PCE Inflation Steady In August, Supercore M/M Stays Elevated

Sep-26 12:56

August's Core PCE reading of 0.227% M/M was basically exactly in line with expectations (0.22% MNI m...

Historical bullets

SONIA OPTIONS: Call Spread vs Put

Aug-27 12:52

SFIH6 96.40/96.50cs vs 96.00p, bought the cs for 0.25 in 3.5k total.

EURIBOR OPTIONS: Large Call Spread buyer

Aug-27 12:51

ERZ6 99.00/99.50cs, bought for 2 in 28k.

BONDS: OAT/Bund spread edges towards 80.00bps

Aug-27 12:45
  • No Obvious trigger for the sudden selling in the French OAT, but there might be some OAT/Bund spread at play, since it is widening towards the 80.00bps handle.
  • The April high and highest print since January stands at ~79.83bps.
  • OAT is now heading towards the just mentioned 121.54 level, ahead of the Yields.

(Chart source: MNI/Bloomberg Finance LP).

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