European Rates Set Volatility Record as Algos Amplify War Swings

European rates markets are set for the most volatile month on record as the Middle East conflict-driven moves push yields and futures into wild swings. Market participants say automated 'robot' traders and technical flows are amplifying moves, prompting increased risk-off positioning across sovereign bond and derivatives markets.

Analysis

European rates markets are set for the most volatile month on record as the Middle East conflict-driven moves push yields and futures into wild swings. Market participants say automated 'robot' traders and technical flows are amplifying moves, prompting increased risk-off positioning across sovereign bond and derivatives markets.