Re: Nice Bet China
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I'm not sure I know what number 2 entails exactly
Probably too late for number 1 as the two year is already going/has gone nuts
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in terms of the steepener, yea it is already close to 80bps (i came into it when it was 40bps)...so might not want to start the position now. i'd be reducing it since signal went down as a result of the latest market movement.
short innacurate version for long BEI:
buy 1 unit of 10yr TIPS
short (either in reverse repo or short futures) 8.5/7.5 units of US 10yr
Barron
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Big day for 10-year
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