Bond Futures
- Thread starter spreadem
- Start date
10 yr up 17 BP this morning
anyone get caught long?
anyone get caught long?
Lock and Load Men! Contact could be imminent!
As you guys know the Bondalero's are getting their face ripped off again. Spreads are widening. This is just the kind of thing that could cause a MAJOR malfunction somewhere.
Repeat after me: "OTC Derivatives"
I can feel these guys sweating bullets again. Their voices crack when I talk to them on the phone.
Be careful, it is August and it could get ugly
Should be fun either way though
Dr.Zhivodka
As you guys know the Bondalero's are getting their face ripped off again. Spreads are widening. This is just the kind of thing that could cause a MAJOR malfunction somewhere.
Repeat after me: "OTC Derivatives"
I can feel these guys sweating bullets again. Their voices crack when I talk to them on the phone.
Be careful, it is August and it could get ugly
Should be fun either way though
Dr.Zhivodka
pull up a daily chart of TNX and notice the 10 year yield pull back to the 20 day moving average of 4.19 on 8/8/03 and now it bounced back up almost to the recent high of 4.56-4.592. Lets see if it can make a new high shortly.
Some are saying that yields won't peak until the Fed initiates its first tightening probably in 2004. That has been the historical pattern of yields topping out.
I don't know the answer and thats why I'm a trader, not an analyst
Some are saying that yields won't peak until the Fed initiates its first tightening probably in 2004. That has been the historical pattern of yields topping out.
I don't know the answer and thats why I'm a trader, not an analyst
Quote from m_c_a98:
Some are saying that yields won't peak until the Fed initiates its first tightening probably in 2004. That has been the historical pattern of yields topping out.
so we could have at least another 1% rise in yields?
interesting.....
Quote from Dr. Zhivodka:
Lock and Load Men! Contact could be imminent!
As you guys know the Bondalero's are getting their face ripped off again. Spreads are widening. This is just the kind of thing that could cause a MAJOR malfunction somewhere.
Repeat after me: "OTC Derivatives"
I can feel these guys sweating bullets again. Their voices crack when I talk to them on the phone.
Be careful, it is August and it could get ugly
Should be fun either way though
Dr.Zhivodka
I'm surprised there hasn't been more of a concession in price of some of the major money center banks. It should be clear that those 2nd quarter trading profits are going to erode as quickly as they came. In fact if I was a shareholder I'd be more concerned with solvency than a dip in profits!