Holy Goldman Sachs

Discussion in 'Commodity Futures' started by mcurto, Jul 19, 2005.

  1. Ebo

    Ebo

    Holy Curve Flattening batman!
    What kind of volume is this?
    It seems light for an almost 1/2 point sell off in the Tens.
     
    #71     Nov 14, 2005
  2. mcurto

    mcurto

    Tough to say if anything will stand in the way of curve inverting in next couple of weeks. 2-10 year in cash right now is at 9 basis points. Big volume rally in long end with two year note just sitting, starting to catch small bid.
     
    #72     Nov 15, 2005
  3. Ebo

    Ebo

    March trading volume starting to pick up a little, what day does March become the front month?
     
    #73     Nov 27, 2005
  4. Pabst

    Pabst

    I'd say by Wendsday, March will be up top.
     
    #74     Nov 27, 2005
  5. Ebo

    Ebo

    Thanks!
    I got stuck with September's over the summer during the Katrina spike, I figured I would roll to March this week.
     
    #75     Nov 27, 2005
  6. mcurto

    mcurto

    March is officially top-step on Wednesday of this week, but you can easily roll your position before that, if you are long, can probably even wait a little for the spread to come off and get in cheaper into March. Interesting note on Friday there were a ton of spreads trading in the pit between Goldman and Barclays, which is essentially Pimco and Citadel rolling their ten year positions, so at this point seems highly doubtful any squeezes may occur.
     
    #76     Nov 27, 2005