THIS TRADE FUC$ING SUCKS SO BAD....choppy bullshit in everything on my TT screen!!!!!!!!!!!!!!!!!!!! everyday there is one opportunity to make $ and if you are not at the perfect price it is $hitshow.
Looks like the yen and the bond are intimately tied and there was a buildup of leverage here... What's the position ?? 30 year swaps + usdjpy to hedge ?? Someone remind me of how that works.
finally after a week- getting paid on a short, Euro killed, sterling killed, gold killed and spooz a 4 handle shit algo range ha ha ha. Let's see if we stay over 3.75 yield this time auction today should be fun!
Hope nobody got run over the train yesterday and today ^_^ btw 7,10Y swap spreads negative...so much for the maginot! Couldn't find the 30Yspread article at work, actually nothing pre-May09..but got some stuff on 10Y spreads...emailed myself to collect and share.
Mighty stops in 10y spreads is all... Everyone and their mother puking out the longs they got into at low positive levels.
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.