Monthly Archives: March 2009

Friday, March 27th

With coupon supply out of the way and the Fed coming in to buy the front end of the Treasury curve, we can understand this morning’s more bullish steepening of the curve. Given that WE’ve got more questions than answers … Continue reading

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Thursday, March 26th

We’ve outdone ourselves with today’s rant and therefore have little left to say here as a ‘tease’. Please have a look to our rant for what are predominantly range-trading thoughts, at the moment. With stocks stable across the globe at … Continue reading

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Wednesday, March 25th

Given the dynamics of the day and the week, we think the choice of password is obvious so we won’t labor the point. We WILL however make mention of relatively WEAK’ish auctions over seas (UK and Germany) are dragging US … Continue reading

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