The first Sunday after football ends is like a weird all you can eat buffet, Riviera (good!), Daytona 500 (rained out), NHL Stadium Series, NBA All Star Game…. And this is the weekend where we get Monday off? Time for the 18 game regular season….
3/ Here's a link to the FT article above. It's an eye opener, noting among other things that some HF's have 50-500x leverage on in the UST basis trade (long a cash UST, short UST futures.)
I've never seen 10x leverage unwind softly, let alone 50-500x.
https://t.co/pM8Jjw3rZb
3/ Here's a link to the FT article above. It's an eye opener, noting among other things that some HF's have 50-500x leverage on in the UST basis trade (long a cash UST, short UST futures.)
I've never seen 10x leverage unwind softly, let alone 50-500x.
https://t.co/pM8Jjw3rZb