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point taken, let me rephrase my qusetion, are there similarities in trading buterflies on US treasury curve and european curve. I have found it much harder to make money in last 6 months on european curve spreads than before as spreads and butterflies are much more volatile. Just wondeing has...

i have been trading german interset rate butterflies and spreads for last 5 years and am interested to know of anyone who has traded both US treasury spreads as well as the german (euro) equivalent. This year since May has been tough in the german bonds but very profitable previously. Is there...