ConvexityMaven
@ConvexityMaven
Creator of $MOVE Index; $PFIX; $RFIX; $MTBA
Publisher of (the free) Convexity Maven Commentary
参加 October 2019
1 フォロー中 36.4K ファン
New Commentary.....
The CBOT Bond future is Negatively Convex such that a further rate rise could create the equivalent of Scott Bessent selling $110 Billion twenty-year bonds into the market.
Today, I detail the construction of this futures contract and posit that this could be a contributing factor to why interest rates have risen so quickly.
More specifically, be careful that 6% on the twenty-year rate could become a Convexity Vortex.
@profplum99 @LukeGromen @dampedspring @jam_croissant @biancoresearch @EconguyRosie @ErikSTownsend @tracyalloway
もっと見る
