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sd-10-EFTA01462280Dept. of Justice

EFTA Document EFTA01462280

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Because forwards are currently inverted, clients are able to purchase options with a higher positive roll from forwards to spot than the premium initially paid Overview on current market dynamics: This years USD interest rate curve flattening in 5s10s can be decomposed into three distinct phases: () the market repricing Fed tapering in the 10y sector (ii) China's intervention on USDCNY, building up official foreign reserves (iii) increase of deflation and QE expectations out of Europe Hyp

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Dept. of Justice
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sd-10-EFTA01462280
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