Ross Dalgleish

[Ross Dalgleish @bagoirz]

@dampedspring Why lend to private sector when you can do this…

[Ross Dalgleish @bagoirz]

@shortl2021 I recall the 2007 quant quake. Not sure there was one in 2006.

[Ross Dalgleish @bagoirz]

@dampedspring 100%. If retails and commercial banks didn’t do this their net income would be very volatile (0% & low pass thru liabs, fed funds linked assets).

[Ross Dalgleish @bagoirz]

@ALBACapMgmt Sue Perb is another good one that used to kick about…

[Ross Dalgleish @bagoirz]

@ALBACapMgmt No, they couldn’t care less about payments to crypto exchanges

[Ross Dalgleish @bagoirz]

@MarkGutman9 So obviously paper without that very obvious paper mistake.

[Ross Dalgleish @bagoirz]

@ALBACapMgmt What was the bid if u don’t mind me asking? 85 pct?

[Ross Dalgleish @bagoirz]

@PolemicTMM Hedge accounting and economic hedging is not the same thing.

[Ross Dalgleish @bagoirz]

@nickgiva1 10Y USD real up 350bps. DXY up say 15% or so. Over same period Gold up say 10%. On a relative value Gold looks very rich here. Maybe this time is different. But not sure the odds are on the side of a gold long here.

[Ross Dalgleish @bagoirz]

@dampedspring 60/40 that

[Ross Dalgleish @bagoirz]

@ALBACapMgmt 90 days back right?

[Ross Dalgleish @bagoirz]

@MacroAlf @donnelly_brent Seems a bit high. Not 4.05?

[Ross Dalgleish @bagoirz]

@PolemicTMM A good one in 2008!

[Ross Dalgleish @bagoirz]

@super_macro @AC96772343 @ZSchneeweiss @NicolasGoetzman @PhilAldrick @tomelleryrees Understandable given their assets and where index linked stuff used to trade?

[Ross Dalgleish @bagoirz]

@dampedspring Sterilised QT

[Ross Dalgleish @bagoirz]

@nickgiva1 “You are as much use as a marzipan dildo” Peter capaldi in “the thick of it”.

[Ross Dalgleish @bagoirz]

@dampedspring @Jimmyjude13 @MrFreez36818230 @BickerinBrattle Breakevens everywhere seem very optimistic.

[Ross Dalgleish @bagoirz]

@josephwang So the corporate borrowers mostly use term sofr. Which fixes in advance? What’s the relevance of credit component? Banking system credit component will presumably be embedded in the margin they set on the loan?

[Ross Dalgleish @bagoirz]

@PolemicTMM Instant access savings or current accounts?