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STIR: OI Suggests Long Setting Dominated In Front Of SOFR Strip On Thurs

STIR

OI also points to a mix of net long setting and short cover dominating during Thursday’s partial reversal of the Trump trades that took hold on Wednesday.

  • Net long setting was very prominent through the reds, with a better mix of the two then seen further out.
  • See prior bullet for exact levels surrounding Fed pricing and greater colour on STIRs.

 

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OI also points to a mix of net long setting and short cover dominating during Thursday’s partial reversal of the Trump trades that took hold on Wednesday.

  • Net long setting was very prominent through the reds, with a better mix of the two then seen further out.
  • See prior bullet for exact levels surrounding Fed pricing and greater colour on STIRs.

 

Keep reading...Show less