Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again - News and Current Events | futures io social day trading
futures io futures trading


Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again
Updated: Views / Replies:215 / 0
Created: by Quick Summary Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again

  #1 (permalink)
Quick Summary
Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again

Presented with little comment, except to say reality is returning as credit markets are starting to price in some disappointment. Italy 5Y is underperforming as the basis trades we mentioned yesterday are unwound and Italy 10Y has broken back over 6% as their curve remains inverted. Spanish 10Y spreads are up over 35bps today and 50bps from yesterday's tight print as Belgium and Italy follow suit. The swing in Spanish 10Y spreads, on a percentage basis, is massive, empirically, from a 4.5 standard deviation compression on Monday to a 2.5 standard deviation decompression today as today's widening in the biggest relative jump since July 11th - more small doors and large crowds?

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


10Y Sovereign spreads across Europe are accelerating wider today as reality sets back in.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On a percentage basis, Spanish 10Y spreads dropped over 17% (4.5 stdevs) on Monday and then jumped almost 12% today (2.5 stdevs). How is that going to help with asset allocation and risk budgeting?

Charts: Bloomberg



More on ZeroHedge...

Reply to share your thoughts on this current event.


Reply



futures io > > > > Spanish Spreads Jump Most Since July As Italy 10Y Breaches 6% Again

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Spanish Short-Term Bill Yields Jump Dramatically Quick Summary News and Current Events 0 November 22nd, 2011 07:00 AM
Goldman Stolpers Clients Again As EURUSD Breaches 1.3500, Squid Stopped Out On Friday Quick Summary News and Current Events 0 November 15th, 2011 12:50 PM
Italy 2s10s Inverts For First Time Since August 1994 As French and Spanish Spreads Wi Quick Summary News and Current Events 0 November 10th, 2011 06:30 AM
EURUSD Breaches 1.4000 Support Quick Summary News and Current Events 0 October 31st, 2011 03:40 AM
Pending Home Sales Post a Surprising Jump in July Quick Summary News and Current Events 0 September 2nd, 2010 11:20 AM


All times are GMT -4. The time now is 09:25 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-13 in 0.06 seconds with 19 queries on phoenix via your IP 54.82.56.95