@govttrader In my discussions with my banks which are larger banks, Chase and US Bank, payments will have 3 month deferment which is added at the end of term. I’m sure this depends on the business but this was for commercial property.
@capital_quant @mrobertson2020 @julianwcwong The basis trade is where you trade cash against futures. They are deliverable against each other. That spread has widen and a lot of people are in issues there because they need to margin both sides. Cash treasuries is about $1mm per 1 lot. These guys don’t trade 1 lots.
@capital_quant @mrobertson2020 @julianwcwong I have no info on Millennium. For people who make markets for a living there are a lot noise in these markets right now. People need to get stuff done and they do not care about price. This leads to good fills that market makers can lay off against relative markets.