Basis swap squeezes dollar
A tighter euro/dollar basis swap this week made many issuers’ dollar levels less attractive at the short end of the curve, and investors picked up commercial paper from sovereign, supranational and agency names at the long end.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
