Has it ever gone this high? This is rediculous. 09:14 Value 4.03 Change 0.468 % Change 13.159 High 4.03 Low 3.55 Open 3.56
Gadzooks… Sickening
Gadzooks… Sickening
No I don’t it’s ever been over 3.6%.
how would you practically bet on this spread tightening in the future? short ED futures and go long tbills? dont have much familiarity here thanks
That would be the opposite bet. Maybe you shouldn’t do this.
JoeyDVivre Wrote: ------------------------------------------------------- > That would be the opposite bet. Maybe you > shouldn’t do this. wasnt going to, just curious, thats why I asked. jeez
If 3 month Libor is at 4.5 and 3 month T-Bills at 0.5/0.6 (the current prices more or less), wouldn’t farney’s trade work if Libor went to 3.5 and T-Bills to 1 (ie. 2.5 spread)?
thats the idea, but i just had the buy/short backwards buy ED, yield drops, price increase short tbill, yield rises, price drops i believe is what Joey meant. prob should have taken 2 seconds to think before i asked the ?
So the TED spread is greater than it was in 1987 or for LMTC? Thats nut. So basically we’re starting to talk about the great depression as a benchmark for success? Thats messed. Willy
farney Wrote: ------------------------------------------------------- > thats the idea, but i just had the buy/short > backwards > > buy ED, yield drops, price increase > short tbill, yield rises, price drops > > i believe is what Joey meant. prob should have > taken 2 seconds to think before i asked the ? oh ok cool
Another new high - looks like another ‘bloody’ Friday . . . 01:00 Value 4.23 Change 0.000 % Change 0.001 High 4.23 Low 4.23 Open 4.23
what is a TED spread?
3 month Libor minus 3 month T-Bill It is more or less an indicator of credit risk - looks like it is still increasing which means default risk is increasing as well. . . who knew it could go this high
Today Everything Disintegrates
Nice. Except I hate gallows humor.
Fair enough: Tomorrow Everything Disintegrates.