PLN: EURPLN Probes October Lows But Remains in Relatively Narrow Range Overall
Oct-15 15:17
Cautious commentary from the NBP's Maslowska and Wnorowski added to EURPLN headwinds during Wednesda...
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FED: US TSY 13W AUCTION: NON-COMP BIDS $2.316 BLN FROM $82.000 BLN TOTAL
Sep-15 15:15
- US TSY 13W AUCTION: NON-COMP BIDS $2.316 BLN FROM $82.000 BLN TOTAL
FED: US TSY 26W AUCTION: NON-COMP BIDS $1.601 BLN FROM $73.000 BLN TOTAL
Sep-15 15:15
- US TSY 26W AUCTION: NON-COMP BIDS $1.601 BLN FROM $73.000 BLN TOTAL
EGBS: 10-year BTP/Bund Spread Testing 78bps
Sep-15 15:09
The 10-year BTP/Bund spread is testing the 78bps handle, with today’s 2.5bp tightening supported by positive risk sentiment (the S&P 500 index marked a fresh all-time high today, with EStoxx 50 index also up almost 1% intraday).
- The immediate downside target in the spread will be the August 13 close at 76.7bps, after which the 70bp handle will be in focus.
- Alongside the solid risk backdrop, September’s BTP/Bund narrowing has been supported by an ongoing pullback in EUR rates vol and relative political stability in Italy compared to the likes of France.
