HALISTER1: Hong Kong Dollar Swaps Fall Most in Two Months; Curve Steepens

Hong Kong Dollar Swaps Fall Most in Two Months; Curve Steepens

(Bloomberg) -- HKD 2-year interest-rate swaps drop 10 bps, most since Jan. 22, to 1.0492%.
  • HKD 5-year swaps decline 9 bps, most since Feb. 11, to 1.3800%
  • Spread between 2-year and 10-year swaps widens to 62 bps vs 57.5 bps yesterday; click here for chart
  • Spot USD/HKD up 0.01% to 7.7590
  • USD/HKD 12-month forward points down 40 to zero
  • NOTE: HKMA’s Chan urges public to be cautious with rate increase risk, according to e-mailed statement today
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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