Registered: Nov 2006
05-29-12 10:55 PM
huh? is that all I get here? some snippets from the Bild? we extensively discussed re-denomination stuff on this thread some 6 months ago...and to my frustration on several pages.
I was expecting some comments on relative value, e.g. curve trading (dv01 or par weighted), UST/GGB trading, rates/equity etc...not something like "if there is an Armagedon you will lose money"...somehow I know that and put some hedges on...
personally I believe that zero nominal bound (+/- few bps) is not that easy to break unless a full panic mode is in...and even with panic it has never happened before afaik...of course never say never
I already feel much better in my position...it does not look like a crowded trade.