Do you believe Fed Funds futures can trade above 99.87? Isn't that the price where the expectation of an easing to "zero-or-negative" becomes positive? Would you sell out of your "stuff" there instead of 100.00 OR BETTER? :eek:
I'm on the backs instead of the front, and I usually sell and switch forward once they get close to expiration levels. Frankly I have no idea where they will go if the Fed taxed reserves aggresively, but I do know they will go up