SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (39665)8/25/2005 9:32:59 AM
From: russwinter  Read Replies (1) of 110194
 
Mish, I'm not going to weigh in on this debate, because you already know my view (close to what GST is espousing). Instead I want to point out something about the Eurodollar market, because I know you tend to trade it. It will be a land mine in a "credit event", as essentially it's USDs abroad, money controlled by foreigners and foreign interest. Plus alot of crazies borrow or hedge in EDs. The old term for describing the spread between Treasury bills and EDs was the TED spread.
advfn.com

You hardly hear it anymore, but the ED could blow out significantly against Bills in a panic, or credit revulsion, so look out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext