Euro Area Rates Review: Barclays

Barclays notes:The key events in Europe next week will be the ECB meeting on Wednesday and the outcome of the first June tranche due from Greece to the IMF on Friday. We expect the ECB not to panic about the bond market sell-off and reinforce its commitment to the PSPP purchases. We close our long 30y French ASW recommendation, but stick to long Bund ASW vs EONIA, long 10y Bunds vs Treasuries and receive 1y1y fwd EONIA trades. 

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