UST Archive

Re: Sov CDS: ny open 15Jul08

[Skip to the end] (an email exchange) >    On Tue, Jul 15, 2008 at 11:03 AM, Mike wrote: > >    Should we be looking at selling protection on USTs for 20bps? > makes sense And makes even more sense for the Fed to be selling it: free money (really sort of a tax for ...Read More

UST ASW update

(an interoffice email) > > > 16bp day for 2yr spreads today: > > > > The market went into the fed announcement expecting perfection > > 25-50bp cut and 50bps on the discount window. > > > > Spreads were 6 lower on the day in the 2yr sprds and 3 ...Read More