S**C
发帖数: 2964 | 1 They have to pay an average yield of 6.975% to sell a total of .563
billion ($4.8 billion) in 10-year bonds today, while on the secondary market
the 10 year yield is 6.487%. So there is 50 base point difference.
http://www.bloomberg.com/quote/GSPG10YR:IND |
s********n
发帖数: 1962 | 2 Because there is ECB in secondary market.
market
【在 S**C 的大作中提到】
: They have to pay an average yield of 6.975% to sell a total of .563
: billion ($4.8 billion) in 10-year bonds today, while on the secondary market
: the 10 year yield is 6.487%. So there is 50 base point difference.
: http://www.bloomberg.com/quote/GSPG10YR:IND
|
S**C
发帖数: 2964 | 3 We know that. But where are the arbitragers? 50 base point in bond is no
small patato.
【在 s********n 的大作中提到】
: Because there is ECB in secondary market.
:
: market
|
n******h
发帖数: 2482 | 4 Stop trying to make sense of today's financial markets, because they don't
make sense.
Just sit back and watch. It's a lot of smoke and screen. Lots of fun.
【在 S**C 的大作中提到】
: We know that. But where are the arbitragers? 50 base point in bond is no
: small patato.
|
a**n
发帖数: 2431 | 5 Exactly, ECB doesn't want to directly buy bond in the first market; is there
a possibility ECB may break this rule without any formal treaty change ?
【在 s********n 的大作中提到】
: Because there is ECB in secondary market.
:
: market
|
