• Short End strip Euribor extends losses along the Strip helping the White/Red strip steeper, and given that the move is shorter end led, this helps keep the German 2s/5s, 2s/10s and 2s/30s flatter, as desks await on the ECB.
  • ECB Lagarde will hopefully keep the markets stable, without pre committing on another cut post Today.
  • Some of the focus today will also be on the {us} US Labour (IJC), and Inflation (PPI).

BONDS: Three Months Euribor extends losses

Last updated at:Sep-12 10:25By: Fabrice Ben Hassine
  • Short End strip Euribor extends losses along the Strip helping the White/Red strip steeper, and given that the move is shorter end led, this helps keep the German 2s/5s, 2s/10s and 2s/30s flatter, as desks await on the ECB.
  • ECB Lagarde will hopefully keep the markets stable, without pre committing on another cut post Today.
  • Some of the focus today will also be on the {us} US Labour (IJC), and Inflation (PPI).

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