LONDON: After the French elections, one investor bet that German bond yields will rise to the highest since early 2016 – for a payout of 100 million euros (US$109mil).
The victory of Emmanuel Macron in the second round of French voting prompted a heavy day of market activity in bund futures options, with over 450,000 trades taking place – around twice the average of the previous seven days.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
