Friday, 9 December 2011

Euribor spreads break out

Its been a tough couple of days to trade the Euribor spreads as there was quite a strong down trend since Draghi spoke in the ECB press conference yesterday. In hind site should have seen the flattening of the yield curve coming but didn't expect it to be so sudden. We popped up a little bit today which allowed me to get out at least, but hope we dont get too many of those moves.
Watch the video for further details on these moves as well as moves in the FTSE and Bund.

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