Total Derivatives: CNY curve correction call
Mid-sector CNY swaps have been offered sharply lower after the release of weaker than expected Chinese economic data at the weekend. 1s/5s has flattened to sub-30bp levels but traders predict a near-term corrective steepening move, writes Deirdre Yeung of Total Derivatives.
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