iTraxx SenFin tightens post-ECB
The Markit iTraxx Senior Financials index tightened 4 basis points to 68bps on Thursday after the European Central Bank cut interest rates to combat low inflation and drive growth in the Eurozone. The move by the central bank followed increased flow in the index with hedge funds buying receivers and selling payers on the underlying.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
