Tuesday, 30 July, 2019
TY
we going to be picking up some TY upside or long some TY vs RX on this move, could be a feeding frenzy post FED with the TY the only non performer over the last 10 sessions.
we starting to look at TY/RX again here, towards 250bp, a “hawkish fed” nearly priced on that spread, and with global bond mkts outside of TY having the big rally, a defensive fed could see a feeding frenzy on TY post..
would look to be owning TY vs RX from here to 2.50
aussie a bit wild too, shouldn’t think they can live here for to long but the environment is ripe for it
I think TY the one to look at vs RX or outright off 06+.
week 1 128c for 5.. take in fed and then nfp (expires friday night)
——————————————————————————-
This message may contain confidential or privileged information. If you are not
the intended recipient, please advise us immediately and delete this message.
The unauthorised use, disclosure, distribution and/or copying of this e-mail or
any information it contains is prohibited.
This information is not, and should not be construed as, a recommendation,
solicitation or offer to buy or sell any securities or related financial
products. This information does not constitute investment advice, does not
constitute a personal recommendation and has been prepared without regard to
the individual financial circumstances, needs or objectives of persons who
receive it.
