Anybody else short US 30 Bond
- Thread starter richard_m
- Start date
What a fun day.... I lit up the (institutional screen) right after the the purchase breakdown came out with a very small size 5s30s steepener (so, I basically put out a request for quote for buying 5y bonds vs weighted amt of sell in the 30y bond)... only 3 out of the five biggest dealers even bothered to send a quote back and they were as wide apart as possible.... (usually, for small sizes dealers auto-quote and come within a hair of each other)
From what I understand, fast$ (hedge funds, etc), hit the bid on bonds fast and furious once they realized that the Fed ultimately didn't give a rats' a*s about the long end.
From what I understand, fast$ (hedge funds, etc), hit the bid on bonds fast and furious once they realized that the Fed ultimately didn't give a rats' a*s about the long end.
another one bites the dust.. 
well not quite, I can't say I escaped unscathed but it could have been worse I suppose, plenty of movement both directions in Bunds etc
NFP tomorrow so I guess another big swing is not out of the question
Those OTM put options really are cheap, so maybe worth picking a few up
Well done everyone who was long 5y30y steepener!
well not quite, I can't say I escaped unscathed but it could have been worse I suppose, plenty of movement both directions in Bunds etc
NFP tomorrow so I guess another big swing is not out of the question
Those OTM put options really are cheap, so maybe worth picking a few up
Well done everyone who was long 5y30y steepener!
PIMCO selling more 126/129 strangles ? Not only today...?
And... we're right back to where we started.
Gotta keep that 10 below 2.5