watch out for Bull Steepener leading into decision
Bond mkt trades like its the end of the world. Buy canned goods now.
- Thread starter stock777
- Start date
I love my flatteners!
2/30, we're trading out at 135-139 range, from 146, trying to take *some* gains.
2/10, still holding to target at 75-80bps, but very pleased with the action seen this morning.
2Y swap:
Added a bit to the structure in Japan session (had to stay late for it), avg px "short" 2Y swap was 98 (due to getting a fill at 105..
Price(32nd) : 100-126
Price(dec) : 100.398438
Yield : 2.91476
Settlement : 12 Dec 2007
Principal : 15,059,765.63
Accrued : 15,368.85
Spread : +104.750
Good news this AM
2/30, we're trading out at 135-139 range, from 146, trying to take *some* gains.
2/10, still holding to target at 75-80bps, but very pleased with the action seen this morning.
2Y swap:
Added a bit to the structure in Japan session (had to stay late for it), avg px "short" 2Y swap was 98 (due to getting a fill at 105..
Price(32nd) : 100-126
Price(dec) : 100.398438
Yield : 2.91476
Settlement : 12 Dec 2007
Principal : 15,059,765.63
Accrued : 15,368.85
Spread : +104.750
Good news this AM