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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (11123)5/19/2003 11:30:01 AM
From: russwinter  Read Replies (2) | Respond to of 39344
 
The timing of a big interest rate reversal is a little cloudy. Going to the COT commercials for clues, we can see them short the Eurodollar big time (-1,275,977), and they are short the 5 year (-21,602) , but mixed the longer dated. So maybe the conventional wisdom that another rate cut is coming in June is incorrect, and the initial trade would be to bet on the short end turning up first.