Just ride the wave...sec charge is silly...15mm?? honestly? Tide going out soon.
My holding period is little longer...due to my mobility (trade these in partnership), and my personal comfort with a short time frame in...
7Y,10Y spreads back in positive territory, the latter hanging on by 1 bp hah! Just a question for those who follow this thread. How many are...
hope this document attaches nicely. ok it worked when I tried opening it. Anyway this is commentary from a few sources over past 3 days.
Hope nobody got run over the train yesterday and today ^_^ btw 7,10Y swap spreads negative...so much for the maginot! :p Couldn't find the...
ty Hoenig $_$
Martinghoul - Yes you can get long duration with bonds. But this whole conversation was motivated by how to go about geting long duration...
Sorry, didn't see this post before writing my last one. I'd still have to differ though saying they are identical to swaps. Swaps let you target...
I don't think I am wrong. The nominal maturity of the bond has nothing to do with the dv01. Notice all the graphs in the text books are always...
weighted avg maturity of the cashflows. repos are short term...doesnt matter if you repo a 30 year bond...
If you are using repo's for bonds the Duration added will be limited by the term of the repo. Swaps offer long duration for 0 cash.
no, that is the answer to the joke from page 2 of this thread.
the location of the dirtbag
What's the difference between a Harley and a Hoover?
Unclear what you meant the alternative was - using the repo market or buying bonds.
Ok gimme a week or so. I'll try to answer your questions in order 1.Market makers do have a balanced book, or close to one at the end of...
No there is not, there would be a lot of confidence restored knowing that you aren't dealing with insolvent P.O.S. companies that are on life...
I like your post except for one thing. You mention algos. Then in the very next sentence you mention there are no rules for making money.
IMO they should have stayed the #$% out of it, and when these firms started losing their shirt to just watch and wave as they sank. This whole...
I'd rather not say. We were one of the 19 that got stress tested as a hint though. Dunno commodities, my job is mostly in the rates world,...
Separate names with a comma.