thoughts on the risk reward for European fixed
income. At yesterday's close, lOy EURswaps and lOy bunds were up 0.098% and
0.122% respectively. For a holder ... EFTA01472959
Importance: High
Classification: Confidential
This is timely given this morning's moves... EURswap rates are up
dramatically and markets are fluid - the pricing below is as of last ... Chart 1, which shows the historical
performance of the 10yr and 30 yr EURSwap rate and ley and 30y German bund
yields. The chart also shows