Flattener #3

I am recommending a 2s-10s flattener a third time.  Currently:

2-year yield: 109 bps

10-year yield: 386 bps

2s-10s spread: 277 bps

I recommended the first flattener on Feb 9 at 282 bps and closed the recommendation on March 5 at 276 bps.  I recommended the second flattener on Mar 8 at 283 bps and closed the recommendation on Mar 12 at 274 bps.

FX Update:

I recommended buying USD/JPY on Mar 3, 2010 when USD/JPY was 88.72.  Right now, USD/JPY is 92.80.   This trade idea could also be implemented by buying the ETF YCS.  YCS was 19.31 on Mar 3; it is now 21.10.

Leave a Reply

You must be logged in to post a comment.