Bunds posted new all time highs as worries over Spain led to more safe haven buying. Bunds reached a high of 140.79, and in turn the 2s 10s spread reached another low, as the yield curve continues to flatten.
Euribor spreads have been very flat, with slight pressure on the front end as Interbank lending rates rose on the back of the Spanish actions.
Short Sterling spreads have been on the rise on the back of hawkish BoE comments from the minutes yesterday, and today we seemed to have stabilised around those levels some what, with some chunky size still around which is good.
Below is some video analysis of some of this weeks moves:
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