NakedIntel
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How will the Market Price ECB President Draghi AKA “The Dragon” Spitting Fire
Spain auction comes off pretty weak; French sale better-than-feared – the country sold 10Y bonds at 6.975% today vs 5.43% 25 Oct. Today’s sale is 20bps wider than the existing benchmark at 6.73% (Apr-2021). Bid/cover ratio falls to 1.54x vs 1.76x in October. Also issues just €3.6bn vs €4bn max. For France, July 2016 Note Avg. Yield
How will the Market Price ECB President Draghi AKA "The Dragon" Spitting Fire on Friday - Hedge Analyst
Spain auction comes off pretty weak; French sale better-than-feared – the country sold 10Y bonds at 6.975% today vs 5.43% 25 Oct. Today’s sale is 20bps wider than the existing benchmark at 6.73% (Apr-2021). Bid/cover ratio falls to 1.54x vs 1.76x in October. Also issues just €3.6bn vs €4bn max. For France, July 2016 Note Avg. Yield
How will the Market Price ECB President Draghi AKA "The Dragon" Spitting Fire on Friday - Hedge Analyst
