Abhishek

Interest Rate Trader

[Abhishek @STIR_Trader_]

@Gamma_Blast_ I would have preferred rain contract to be physically settled.

[Abhishek @STIR_Trader_]

@Dcpcooks I misread it as “why is rice sticky”. I need to stop going to Thailand.

[Jeremy @JeremyWS]

Global Rates Outlook #6:

- G4 Central bank preview
- Are Neutral rates just much higher than we think?
- Debate on AI’s impact to prices& Labour mkt / Trimmed mean vs Core CPI.

https://t.co/PhOR5usOsx

[Abhishek @STIR_Trader_]

@MrMBrown Yeah, especially when the team I support is on top.

[Abhishek @STIR_Trader_]

@froggyonrocks @WarrenPies The thing about macro is that there is always something you can point at in order to justify your bias 😉

[Abhishek @STIR_Trader_]

I am not a treasury guy. So, I won't hazard a guess on 5/10 spread.
Having said that, its SOFR proxy would be something like M8M9 calendar spread. If data continues to be hot with no resolution in US-Iran situation, I can see this calendar spread continue to go lower. How low it can go is anyone's guess. As always, context is everything.

[Abhishek @STIR_Trader_]

@Gamma_Blast_ Super data. No reason for greatest country in the world to pay such high interest rate. Cut cut cut! 😉

[Abhishek @STIR_Trader_]

Pretty decent move after US and Canadian jobs data

[Abhishek @STIR_Trader_]

Now that the grand tamasha is over, it's time for some good old fashioned test cricket.

[Abhishek @STIR_Trader_]

@MrMBrown Other than the run rate 😃

[Abhishek @STIR_Trader_]

@thealepalombo Careful, Alessandro. Some people will look at this and call you Europoor. If you don't pay as much money for services as they do in US, you are Europoor. So I have heard. 😉

[Abhishek @STIR_Trader_]

@Gamma_Blast_ @spaghettilisbon @vinj0s Got to hit monthly volume target one way or another.

[Abhishek @STIR_Trader_]

@GtcTraders I have stopped looking at "For You" section of X.

[Abhishek @STIR_Trader_]

@Dcpcooks Technically, it's true. They won't 😉

[Abhishek @STIR_Trader_]

@Ksidiii Good read, Kris.

[Abhishek @STIR_Trader_]

@thealepalombo 0% tax doesn’t mean much if you notice volatility in Turkish Lira.

[Abhishek @STIR_Trader_]

@Gamma_Blast_ What is the tick value? ES 1 point is 50 usd, for example.

[Abhishek @STIR_Trader_]

@Dcpcooks @donnelly_brent @nickgiva1 Correct me if I am wrong, please but my understanding is that 2 yr yield is a better proxy for fed fund 1-1.25 yr down the line (with a spread).
May be, I am just being pedantic.

[Abhishek @STIR_Trader_]

I am sorry but I take issue with his statement that 2 yr yield predict fed fund 2 year out. May be, I am reading it wrong?? No one has ever accused me of being good at reading comprehension. 😅

But I do agree with what he is trying to convey. @nickgiva1 talks about 2 yr vs fed funds all the time.

[Abhishek @STIR_Trader_]

I get PTSD just looking at him. He tormented us throughout his career. I still remember "that" Durban test match.