SPAM-High-treasuries

TYU11

Puts: 800k

Calls: 400k

Vwap call: 124

Vwap put: 120

The bond market is quoting a fall in price, a rise in the rate. Either the DC’s choose what to execute (rise debt limit with contraction to the budget, or limiting the debt level) more risk is expected.

What could this mean for emerging markets currencies ?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s