• 11/29/2024

July 2028 DSL Seen Offering Limited Relative Value on Dutch Curve

Wall Street Journal

According to Citi, the Dutch 0.75% July 2028 DSL offers limited relative value on the Dutch bond curve, but looking at the bond cross-market, the spread between the Dutch auction bond and Germany’s 0.25% August 2028 bond is at its cheapest level over a one-year horizon.

https://www.wsj.com/articles/eurozone-bond-yields-edge-higher-as-market-looks-for-little-change-in-pmi-data-943ecc04