tag:blogger.com,1999:blog-1110014885778996459.post4062877193394993824..comments2024-03-28T04:16:11.729-07:00Comments on Idiosyncratic Whisk: Am I missing the boat on the Housing/Treasuries trade?Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1110014885778996459.post-58584623098368512182015-06-10T21:02:54.286-07:002015-06-10T21:02:54.286-07:00The most recent increase looks like it has been mo...The most recent increase looks like it has been mostly in real rates (since April). I have pulled out of my short bond positions, which may be a mistake. But, I'm afraid that if we don't see a resumption of mortgage growth, rates will pull back again. I may be getting unnecessarily cold feet that will cost me some gains. The re-acceleration of home prices appears to be continuing. I'll be interested in tomorrow's Flow of Funds data, to see how household real estate leverage is progressing.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-78007260593794821352015-06-10T16:08:06.074-07:002015-06-10T16:08:06.074-07:00TravisV here.
Off-topic.
What are the primary re...TravisV here.<br /><br />Off-topic.<br /><br />What are the primary reasons for this headline? Saudi Arabia (negative global supply shock)?<br /><br />“Government Bond Yields in U.S., Europe, Japan Hit 2015 Highs”<br /><br />http://www.wsj.com/articles/government-bond-yields-hit-2015-highs-across-globe-1433943736<br /><br />Here's Lars Christensen with the Saudi Arabia theory (3:36 in): https://www.youtube.com/watch?v=nCCIrHehSd8&feature=youtu.be&t=3m36sAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-77041912467367716662015-06-09T14:40:35.079-07:002015-06-09T14:40:35.079-07:00Eurodollar futures are the most liquid market for ...Eurodollar futures are the most liquid market for trading in low-risk interest rates. They are dollar deposits outside the US. It's basically the type of contract that LIBOR applies to. You can trade 3 month Eurodollar contracts as far out as 10 years at the CME, and most of them are pretty liquid.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-32618080557517514102015-06-09T14:10:32.882-07:002015-06-09T14:10:32.882-07:00Question: What do you mean by the word "Eurod...Question: What do you mean by the word "Eurodollar" ? Do you refer to the currency used in the Eurozone ?Willy2noreply@blogger.com