We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.
Customize Consent Preferences
We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Always Active
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
No cookies to display.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
No cookies to display.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
No cookies to display.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
No cookies to display.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
No cookies to display.
Search
Reading:Betting for the Great Treasury is booming before the Fed decision.
(Bloomberg) -In the US Treasury, the merchant hoped that the chairman of Jerome Powell would be cut in March, gaining recent profits before the interest decision of the Federal Reserve.
I read the most in Bloomberg
The mayor waited for a press conference at POWELL on clues to policy outlooks. The US Central Bank is expected to maintain an overwhelming interest rate this week, but swaps are priced at a 30%chance in March.
Merchants have a lot of PoWell’s remarks. This week’s technology -oriented stocks have risen in anticipation of further easing to start this week, and the risk atmosphere has led to a wavy of betting on the financial interests. The latest customer survey of JPMORGAN Chase & Co. shows the largest net position in the US government debt for almost 15 years.
Kevin Thozet, a member of the Carmignac’s Investment Committee, said, “The Fed has shown prejudice. “The most recent inflation publication was, not to mention the potential deflation impact of the latest AI development.”
After the cooler inflation print than expected in December, hedging the marching interest rate cuts is meaningful, and the Governor of the Governor of Christopher Waller is that it is possible to alleviate the mid -term. Of course, a big question mark remains on the tariff plan and the economy of President Donald Trump.
Citigroup Inc. said strategist Edward Acton. memo.
Another sign, in another signal that a long position is being built in the Treasury, the open interest in the future, or the amount of new risks owned by the trader is increasing in 10 -year note contracts, especially due to the rally of bonds on Monday. In the options, the most noticeable transactions in the recent sessions also aimed at a larger bond rally. Interest in positions increased due to the surge in HAVEN Assets on Monday.
Morgan Stanley sees a meeting on Wednesday as a catalyst for another leg with low financial returns, and strategists led by Matthew Hornbach have been recommended for investors to maintain long cuts for five years.
Where is the aftermath of the aftermath of the stock led by the emergence of Deepseek? Please tell me what you think in the latest MLIV pulse survey.
The following is a summary of the latest positioning indicators in the rate market.
JPMORGAN Treasury Customer Survey
From January 27 to January 27, the net position of JPMORGAN customers has risen to the biggest increase since October 2010. The highest point since November 2023 has risen 6 %, while the short position has not changed. The last longer JPMORGAN customer was this longer, the US 10 -year return was about 2.6%.
The Treasury option premium turns over by phone
The Treasury Department Hedding Premium has been favored for the first time since the end of last year, and shifts occurred on the sharp flight quality of Monday. The movement to be protected by the larger bond rally has resulted in lower returns due to a premium cost of about $ 77 million in the recent trend.
The most active SOFR option
SOPR SEP25 95.875/95.625/95.375 PUT FLY adds location on three strikes included in the structure. In addition, in 96.00 years of last week, 96.00 calls have been added to 96.00 calls, including complete purchases at the strike at 11 o’clock for new risks.
SOFR option hit map
In the SOFR options in the SEP25 tenor, the most populated strike remains 96.00, mainly Mar25 calls and JUN25 are fascinated at that level. Recently, purchases in the JUN25 currency have been added, adding to the risk of unprecedented to see in the strike. Popular trends around the strike included buyers from SFRZ5 96.00/96.50/97.00 Call Fly, and SFRH5 96.00/96.25/96.50 Call Fly was also traded.
CFTC Gift Positioning
By January 21, in CFTC data, hedge funds have expanded their short -term positions in both SOFR and 10 -year memo futures for the combined risk of $ 10m/dv01. But over a week, the net change of hedge funds was flat when a short cover was given at the long end of the curve. On the other hand, the asset manager has been cleared in small quantities for three consecutive weeks.
