Anyone know what, if any, news is out on this thing? It has just skyrocketed in the past few days. Thanks
Now that the BBC (biased broadcasting corporation) have got Labour re-elected they are scaring everybody with talk of a recession. Bank of England have replied by saying interest rates may decline this year. Market was expecting a rise.
the great unwinding of some debt-hedge package that unravelled a few days ago.... the dead and wounded have yet to make a public appearence at the side of the road but you may begin peering under the rocks of Cayman based hedge funds to find the purveyor of such folly........ an opinion of course..........
a fairly concise article on how the EU managed to screw-up without really trying hard..... (what else is new) http://www.portal.telegraph.co.uk/o...xml&sSheet=/opinion/2005/05/23/ixopinion.html we can send them the US Constitution since we're not using it anymore............
I'm taking bets on how long this tinker toy ox cart keeps its wheels..... http://news.ft.com/cms/s/3dd561b6-cd4f-11d9-aa26-00000e2511c8.html
What's the eu constitution got to do with the Gilt? Are you trading the Euro bond/ gilt spread? French in disarray as they admit EU treaty vote is lost- The Times http://www.timesonline.co.uk/article/0,,13509-1628272,00.html
Still long from 112.67 on 5/13, just bought bonds and 10yrs the past couple days. Can't believe we are still long these things, but if they can keep up the rally it will cause the yeild curve to flatten more and maybe get Greenspan to flinch, then we would see a fucking rally. 5yr
I'm trying to guess how an unwrapped euro will slosh around the credit markets... I want to short the 10 year like 500 million other people, but don't want to get trampled by euro credit refugees.....