GLOBAL INVESTMENT STRATEGY, EXECUTION AND RISK MANAGEMENT FOR INSTITUTIONAL INVESTORS

US CURVES TIME TO FLIP : FLIP FROM BACK END STEEPENERS (THAT HAVE WORKED WELL) TO FRONTEND STEEPENERS VIA EITHER THE 2-5-10 OR 2-5-30 FLY. (OPTIMUM FLY SEEMS TO BE THE US 2-7-30).

I have long advocated US back end steepeners for some time but now it is time to focus on the frontend.

Frontend curves are finally showing signs of basing that JUST as the 5-30 and 10-30 fail MAJOR multi-year resistance.

I think the timing is perfect right now for that switch-fly trade.

The flies themselves have major multi-year dislocations and retracement support.

**A LOT OF THESE CURVE CHARTS HAVE HAD AN AMAZING TECHNICAL PERFORMANCE HENCE THINK ITS WELL WORTH A LOOK AND DISCUSSION.**

**ASIDE THE USUAL FUTURES FLY OUR RESIDENT SWAPS GURU DAVID SANSOM IS WORKING ON  SWAPS ALERNATIVES** HAPPY TO DISCUSS ANY IDEAS.

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