The trend is not our friend
The trend is not our friend
Significant repricing in the past days on the terminal rate for ECB policy rate.
Relative to Tuesday last week, markets have shaved off 1 full 25bp, to a terminal end rate of 1.84% (€STR+8bp)
Significant repricing in the past days on the terminal rate for ECB policy rate.
Relative to Tuesday last week, markets have shaved off 1 full 25bp, to a terminal end rate of 1.84% (€STR+8bp)