The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (19200)	9/30/2004 3:46:17 PM
From: mishedlo	Read Replies (2) of 110194

I am still trying to get a handle on todays insane treasury and eurodollar action. After being up 5 then down 9, eurodollars are back to +2. 150,000 treasuries were dumped today right into what was strong treasury news (piss poor jobs). My understanding is that some govt agency(fnm????) was doing some strange convexity trade and treasury traders were getting crucified. Will report more when I know anything. Mish

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