Archive for June, 2008
Monday, June 2nd, 2008
Some overnight flows in Treasury market trading:
Asian real money buys bills.
Hedge fund sellers of 10s.
Bank seller of 2s.
Spec sellers 5s.
Central bank seller 10s.
Non Japan Asian accounts buy 5s.
Real money from Japan sells 5s.
Posted in Uncategorized | 2 Comments »
Monday, June 2nd, 2008
Prices of Treasury coupon securities are registering gains in overnight trading and the sharpest gains are in securities of 5 years and less. The yield on the benchmark 2 year note has declined 7 basis points to 2.58 percent. The yield on the benchmark 5 year note has also slipped 7 ...
Posted in Uncategorized | Comments Off on June 2 2008 Opening Comments
Monday, June 2nd, 2008
This is a rather strange solution to budgetary problems in Australia as the government announces that it will reduce the sample size for many key economic statistics ,including employment and retail sales. This is an option traders dream: buy Aussie vol!!
Posted in Uncategorized | 2 Comments »