Lock Limit Down Posted May 7, 2004 Report Share Posted May 7, 2004 Ted Spread is widening suggesting dislocation Link to comment Share on other sites More sharing options...
Bearbones Posted May 7, 2004 Report Share Posted May 7, 2004 I heard the yield curve was the steepest in 17 years 2 days agoAnyone got an update on that? The yield curve has been the steepest in history even though yields are low. Spreads from nominals to TIPS are also at, or near, record highs. Personally, I do not expect either to last much longer. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 7, 2004 Report Share Posted May 7, 2004 I heard the yield curve was the steepest in 17 years 2 days agoAnyone got an update on that? The yield curve has been the steepest in history even though yields are low. Spreads from nominals to TIPS are also at, or near, record highs. Personally, I do not expect either to last much longer. EVER? WOW Thanks very much. Going to be a very interesting day... Link to comment Share on other sites More sharing options...
brian4 Posted May 7, 2004 Report Share Posted May 7, 2004 Good Morning Crew-Seats in the upright position, helmets on-window at the bell for 35 minutes- Take no prisoners. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 7, 2004 Report Share Posted May 7, 2004 Weak hands are buying the minis from 915-930 Usually a good sign for the bears Link to comment Share on other sites More sharing options...
Bearbones Posted May 7, 2004 Report Share Posted May 7, 2004 Ted Spread is widening suggesting dislocation I think you are on to something. There is also some dislocation in the interest rate swaps market. Swaps spreads are widening either anticipating a flattening of the curve or anticipating a systemic problem relating to counter-party risk. I cannot tell you which but there could be a problem developing with yields moving this far, this fast. Link to comment Share on other sites More sharing options...
mjkst27 Posted May 7, 2004 Report Share Posted May 7, 2004 here's an odd thought on the bond carry trade. Say you lever up at the Al Leeson rate and buy a ton of 10-years whenever this thing bottoms, say 5.5%. If we get a nice bounce on the T-Bones (price) after that, then spread traders will be sitting on a fat levered cap gain, which it would seem would insulate them against some amount of Leeson interest rate hikes. Moral of the story is, it's a long and winding road to unwind this thing. Of course, this analysis says nothing about those dearly departed spread traders strewn about the road from 3.65% last month. Any thoughts? Link to comment Share on other sites More sharing options...
brian4 Posted May 7, 2004 Report Share Posted May 7, 2004 stop 1116 Link to comment Share on other sites More sharing options...
twignberries Posted May 7, 2004 Report Share Posted May 7, 2004 I heard the yield curve was the steepest in 17 years 2 days agoAnyone got an update on that? The yield curve has been the steepest in history even though yields are low. Spreads from nominals to TIPS are also at, or near, record highs. Personally, I do not expect either to last much longer. The heavily leveraged arbitrage traders in the bond market must be nearing panic. The derivative pyramid is wobbling. Link to comment Share on other sites More sharing options...
Dharmaeye Posted May 7, 2004 Report Share Posted May 7, 2004 Anybody else lost Kcast for the last 10 hours? Me too. Opps just went back up. Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 Looks like a jam on the Nasdaq bids on 100,000 shares hitting every penny it drops under 35.40. Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 Flight to quality stocks!! BWAAAAAAAAAA!!!!! Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 "Our economy has turned the corner," Treasury Secretary John Snow said in a speech to the Chicago Federal Reserve Bank. "I believe this economy has plenty of room to run without creating inflation," Snow said, according to prepared remarks released in Washington. http://aolpf5.marketwatch.com/news/story.a...7D&siteid=aolpf Link to comment Share on other sites More sharing options...
brian4 Posted May 7, 2004 Report Share Posted May 7, 2004 I smelled that one coming-stopped-out plus 20 gratefully received. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted May 7, 2004 Report Share Posted May 7, 2004 Matrix becomes more predictable by the day Think like the central plannners and you are on the road to unending wealth Link to comment Share on other sites More sharing options...
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