Reading The Markets: Sweden
Danske Markets | Feb 15, 2013 05:43AM ET
New:
We move our steepening position to SGB1049 vs SGB1052. Start: 61. P/L 75/50.
New: We add a steepening position between Jun13 and Mar14. Start: 7.5. P/L: 18/2.
New: We establish a short position in SGB1053, as the demand for ultra-long duration should be low. Start: 2.80. P/L: 2.97/2.67.
New: In the same spirit we pay 15Y SEK swap vs EUR (created from our existing relative steepening position). Start: 42. P/L: 55/32.
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