FRENCH-GERMAN BOND SPREAD TRADE SIGNALS TIGHTENING A large block trade reportedly positioned for a narrower spread between French and Germa…
FRENCH-GERMAN BOND SPREAD TRADE SIGNALS TIGHTENING
A large block trade reportedly positioned for a narrower spread between French and German government bonds.
The trade involved buying 6,000 French OAT futures (OATZ6) at 108.38 and selling 5,590 German Bund futures (RXZ6) at 122.20, with the positions described as duration-weighted.