Monday, 07 October, 2019
UST flattening trades
USA UST::::
Everything fading the move on the steepening in UST’s we cant determine if its taking profit or putting on positions, but would imagine its a bit of column A and a bit of column B, we have int currently to do the same in 2/10 and 5/20 and 10/30
outside of the trades don into the exchange there were some chunky blocks towards the end of the LDN day.
This was Friday…
$1.15m DV01 2s5s flattener
23,100 FVZ9 120-02
27.000 TUZ9 108-03⅜
1424ldn
****
$1m DV01 2s7s spread flattener
12,000 TYZ9 131-26+
24,300 TUZ9 108-04+
1552ldn
****
$430k 2s5s curve flattener
8,549 FVZ9 120-05.75
10,456 TUZ9 108-04
1659ldn
****
$1.1m 2s7s flattener
13,400 TYZ9 131-26+
27,100 TUZ9 108-03.75
1702ldn
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