govt bail out of fannie mae and this monday...SP tanks or soars?

Discussion in 'Trading' started by increasenow, Sep 6, 2008.

  1. Going from triple A to something less plus the need to raise more capital to finance any operation will result in a higher yield to raise more money.

    I think Gross from Pimco said some think like 10 to 15 percent more in yield to cover their need....so 10/30 year will fall and those short will see some love. Not sure of all the details but we will see on Sunday/ Monday and see where we settle.
     
    #31     Sep 6, 2008
  2. let's see if the real deal lives up to the hype when market opens!!!!
     
    #32     Sep 7, 2008
  3. luckily the system (ATS) we are using got out on Sunday evening and it did even get long mid morning on Monday for some love on the long side. Crazy move on this market.
     
    #33     Sep 8, 2008