I think this is where Quantitative Easing gently morphs into Qualitative Easing!!! Yeeeeehaw!
I would have to disagree... If what you say is true, why is it that Alt-A paper has been trading at cents on the dollar for a while? The mkt...
That's right, everyone behaved irresponsibly, including AIG and the monolines. So, while I agree with your argument in general, the blatant...
FWIW, I am bearish, short and hurt(ing). Holding on to it, though, as conviction's high.
Well, this trade was paper buying the fly, so I am pretty sure it was the buy side. Also, with a structure like that it's very uncommon that this...
I probably would have heard of the original trade, if this were an unwind. Also, that's what the broker chatter is suggesting...
Looks like rate lock activity arnd the Pfizer issue...
I would love to see your institutional study. Do you wanna make me a mkt on the probability that I can prove that its reasoning is either wrong...
FWIW, interesting large flow today in stocks... Dec9 Eurostoxx 2000/1600/1200 put fly, 180k lots got bot for 77 ticks (ref 2010).
Incorrect and I completely disagree with a whole number of points. Firstly, the fact that there's an institutional study out there that argues...
Firstly, like yourself I don't see any evidence, but neither do I require any. Why would I? Secondly, I don't know what she is, but I have no...
You can ask the mkt (i.e. a few counterparties or a multi-dealer vendor) to reval the positions... The problem is the size of the positions...
I would have to disagree with you both, TZ and ILV. Firstly, I also believe that Fib and most other such TA stuff is quackery. And we have all...
To paraphrase Clausewitz, 'politics is continuation of economics by other means', so it's all one.
Funnily enough, the mkt went completely the other way last week. Partly due to the equity/risk asset rally, EUR sov CDS tightened quite...
I see what you mean... In IRS land, the on-the-run/off-the-run terminology is not used, 'cause it's easily confused with bonds.
IR swaps can't be on-the-run/off-the-run. You're confusing them with bonds. A CDS is an OTC contract that can be valued by any counterparty,...
My guess is that they didn't lend and borrow the actual CDOs, but rather the individual bonds etc that were probably used to hedge the various...
I think most retail brokers, like Fidelity or Charles Schwab, would be able to offer you bonds. In fact, you can go to the Charles Schwab website...
A CDS is a bilateral OTC contract, which means that, theoretically, no two CDSs are created equal.
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