Total Derivatives: Weak data renews CNY inversion drive
Chinese imports plunged in January, reigniting concerns about the economy. Five to ten year swaps have led a rally in response and the 1s/5s curve slope, which had corrected steeper from last week's lows, is inverting again, 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