ZN1! ZNH2015 Looking to go crazy UPDATE AND CLOSING
The entire interest rate complex provided for an insane start to the year. All the targets came in and I am back to neutral especially in the face of an ECB meeting tomorrow and funky action on the back of the "surprise" BOC rate cut.
Definitely neutral for now and waiting to see if what we saw was a real failed breakout from that multi year trend or the yields are really going to catch up with the rest of the western nations in the sub 1% range.
Definitely neutral for now and waiting to see if what we saw was a real failed breakout from that multi year trend or the yields are really going to catch up with the rest of the western nations in the sub 1% range.