Free Trial

Policy Pivot Hedges: Mar'23 SOFR Call Condor, Apr'23 SOFR Call Fly

STIR
  • Call condor adds to 5,000 Blocked earlier at 1.5, covers Feb FOMC:
    • +14,800 SFRH3 95.12/95.18/95.25/95.37 call condors ref 95.175 (expire Mar 10)
  • Call fly covers Feb and Mar FOMC:
    • +9,000 SFRJ3 95.31/95.43/95.56 call flys ref 95.175 (expire Apr 14)
  • Note on call condor, appr +25,000 SFRJ3 95.06/95.12/95.25/95.37 broken call condors funded via sale of SFRJ3 94.87/94.93 put spds, 0.5 net db

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.