Swap Spreads

I don’t want to try and explain them lets just look at the graphs of 30 year U.S. and EU swap spreads .Notice the gyrations over last few days something out of the ordianry was going on

above is the percent change in EU swap spreads the move lower in spreads was the biggest since 2015, Lower spread means less worries about counter party risk.The move higher a few days ago was the largest in 2 years!
U.S. swap spread notice the gyrations last few days. Something is not working correctly

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.