Patrick

Strong opinions, weakly held

[Patrick @alpatca]

@CharityHedge Would you recommend chasing bonds here? Seems awfully binary to me

[Patrick @alpatca]

@CharityHedge Hi Nick, what tenors/levels are you looking for? Personally im looking to buy bunds around 124.60/70

[Patrick @alpatca]

@CharityHedge Hi Nick, what do you make of CLN6CLZ6 trading above 12.42 again. Its been fairly choppy so will give it some time, but in itself does it affect your constructive view on rates?

[Patrick @alpatca]

@CharityHedge What are you liking for trade in USTs?

[Patrick @alpatca]

@CharityHedge Would you pre-position into this? By selling 10s for eg

[Patrick @alpatca]

@CharityHedge Hi Nick, what do you think about chasing duration on recent peace deal headlines. We have all been here before but bonds are pretty oversold...

[Patrick @alpatca]

@CharityHedge Any thoughts on bonds here? Technical breaks galore means the path of least resistance is higher yields but the hysteria surrounding it makes me want to try a tactical rec

[Patrick @alpatca]

@CharityHedge Thanks Nick, what already you liking for a trade in rates space?

[Patrick @alpatca]

@CharityHedge Got it. Thanks for the level headed response.

[Patrick @alpatca]

@CharityHedge Hi Nick, given that outlook, are you getting out of 5s?

[Patrick @alpatca]

@CharityHedge Would you instead look to buy 2y ust at these levels then? To leg into us-de 2s later

[Patrick @alpatca]

@CharityHedge What are your target levels for schatz? Thanks in advance Nick🙏

[Patrick @alpatca]

@Dcpcooks If you can't beat em join em?

[Patrick @alpatca]

@CharityHedge Thanks Nick, are you still long 5y into fomc and month end?

[Patrick @alpatca]

@CharityHedge Hi Nick, mind sharing some levels where you wld look to buy TU?

[Patrick @alpatca]

@CharityHedge Would you look to sell bunds or schatz outright at these levels?

[Patrick @alpatca]

@CharityHedge Hi Nick, still looking for dips in the long end? Puzzled why the price action doesn't look too constructive

[Patrick @alpatca]

@CharityHedge Would you short the long end ahead of auctions and cpi? It makes sense to me but wonder how much is priced in.

Also bunds are underperforming again

[Patrick @alpatca]

@CharityHedge Hi Nick, any thoughts on bunds and us-de 10s? I assume its a sell again at some point

[Patrick @alpatca]

@CharityHedge Would you chase the move in schatz instead?