Natixis - M/LT EZ – France inflation spreads should be wider

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Natixis

Cyril Regnat

M/LT EZ – France inflation spreads should be wider

EZ vs FRA inflation gap s a re rather tight despite of the upcoming acceleration in the EU energy transition. As the French energy b ill should increase less than its European peers, we some value in being long EZ inflation vs FRA inflation, via switch trades on the French curve or via EZ – FRA ZC inflation swap widener s .

29/03/2022 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Cyril Regnat

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M/LT EZ – France inflation spreads should be wider

Fine-tuning our Fed Call: No need to skip October

Labor market treads water in a choppy sea

Euro area April flash inflation: core inflation unexpectedly rose in April

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