27 April 2010

Bunds : Fresh Short at 124.55 (3.00%)

  • As explained in yesterday's post, shorting Bunds makes sense for the core book (insurance for large short EUR/USD position in case of positive development on Greece/EU).
  • Established initial short today at 124.55 in Jun10 Bunds, as planned.
  • No plan to increase short Bunds until signs of a turn or if we get really close to 2.85%.

1 comment:

Taichiseal said...

-125.15 ... average short 124.85