Search results

Zut alors! Sacre bleu! C'est un probleme...

Yep, makes a lot of sense...

With 4% Augie18 as the current CTD, it's about 8.14, from what I can see... So 1000 TYZ1 contracts is arnd $81.4k/bp in DV01.

Cool.

This is the link: http://www.freedomforceinternational.org/freedomcontent.cfm?fuseaction=jfkmyth

Yep... CS submitted a negative 1M LIBOR rate.

All those things trade vs "cash". If you have a proper flight to liqudity, driven by redemptions and an overwhelming desire to stuff dollars under mattresses, all three can sell off. That's partly what went on in 2008.

Yep, so, as I said elsewhere, at first glance, should be a risk reversal calendar.

My 'bullshit' description is based on factual evidence, rather than belief, as I have mentioned already. In terms of that evidence and the debunking of the conspiracy theory, I have mentioned a source. If you google G. Edward Griffin you'll find a very detailed discussion of the issue by...

Hmmmmm-m-m-m, indeed... Also, what does it have to do with the "strength of my belief"? Where did I say that I believe this or that or the other? I just said that there's a whole variety of evidence (compiled by a variety of sources) that conclusively disproves the JFK EO 11110 conspiracy...

Indeed... He has also written specifically and at length about why the JFK EO 11110 conspiracy is bullshit.

It's a bunch of bullsh1t that's been debunked by a whole variety of people, including G. Edward Griffin, the author of that famous pro-Fed (sarcasm intended) book "The Creature from Jekyll Island".

Not this old chestnut again...

Because that would be assuming all sorts of risks that you might not want (i.e. duration and credit). Pretty much anyone can do this trade and, if it were free money as you suggest, I can't imagine why the curve would still be that steep.

Good questions, all, HH... I only hope I had definitive answers, but, alas, I don't.

Assumption Day

You can hedge the delta, which wouldn't quite get you to where you want to be. The right way, as you correctly suggest, would be to roll the strike, although that might often be costly, bid/offer-wise.

The part about the selling of EUR and also about DEMUSD.

I think I would disagree with you in this regard, but I see where you're coming from.

All the old Warsaw pact countries will show up having extremely high "unfunded liabilities", due to the current structure of their pension systems. However, pension reform in these countries is proceeding fast and it's likely that the numbers you see aren't the numbers you're gonna get.