All quiet on the eastern front…
Here is the chart I promised yesterday, the spread between the 12m swap and spot price expressed as a percentage of spot:
Oh yeh, the rally is out of room, in fact, overshot already.
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All quiet on the eastern front…
Here is the chart I promised yesterday, the spread between the 12m swap and spot price expressed as a percentage of spot:
Oh yeh, the rally is out of room, in fact, overshot already.