Bond Futures
- Thread starter spreadem
- Start date
I hope you all made a freaking fortune on that move.
I'm beginning to cover down here in low 107's I probably keep a few shorts on board for grins but most of it is getting booted out the door this morning.
Dr. Zhivodka
I'm beginning to cover down here in low 107's I probably keep a few shorts on board for grins but most of it is getting booted out the door this morning.
Dr. Zhivodka
(Pressed for time)
it jsust meant that the GSE's have to hedge their exposure all the time and they must do it whether bond yields rise or fall.
Therefore they're chasing their tail both ways. And they're so damn big that they magnify the move, whatever it is.
Clear or no?
Panel: U.S. may need 30-yr. bond
BY DAVID ROEDER Business Reporter Advertisement
A group of high-powered advisers to the U.S. Treasury Department has suggested the government may need to revert to the 30-year bond to raise money, a prospect embraced by leadership of the Chicago Board of Trade.
The Treasury Borrowing Advisory Committee said that while reissuing the so-called long bond "may not currently be appropriate, it might be sometime in the future.'' The 20-member panel of securities dealers noted that with an ongoing war on terrorism and with baby boomers soon to start tapping Social Security, the government may need long-term financing.
http://www.suntimes.com/output/business/cst-fin-cbot31.html
BY DAVID ROEDER Business Reporter Advertisement
A group of high-powered advisers to the U.S. Treasury Department has suggested the government may need to revert to the 30-year bond to raise money, a prospect embraced by leadership of the Chicago Board of Trade.
The Treasury Borrowing Advisory Committee said that while reissuing the so-called long bond "may not currently be appropriate, it might be sometime in the future.'' The 20-member panel of securities dealers noted that with an ongoing war on terrorism and with baby boomers soon to start tapping Social Security, the government may need long-term financing.
http://www.suntimes.com/output/business/cst-fin-cbot31.html
With rates at historic lows, it doesn't take a genius to decide now is a good time for the government to take down some long term money.
The velocity of the carnage in the long end of the curve is just unbelievable! This a pure blood bath.
Everyone, no matter what you trade, should be on their toes in here.
Something weird could shake out of this move, like maybe a four or five sigma event.
Oh the humanity!
Dr. Zhivodka
Everyone, no matter what you trade, should be on their toes in here.
Something weird could shake out of this move, like maybe a four or five sigma event.
Oh the humanity!
Dr. Zhivodka
