Because the fed buys very little long bonds compared to intermediate bonds. Also, the fed isn't overly concerned about the mtg rate.
6% unemployment and 2% on core CPI. This is pretty well known, isn't it?
If I may step into a basic reading comprehension lesson here, ES, RCG's claim is, "Astro alone, is the cause of these moves." It is not " I...
Don't you see? Peer review is for pseudo-rationalist clones; The scientific process is for pseudo-rationalist clones; Skepticism is for...
That you can use it to make money? (:confused: <- that's me scratching my head trying to figure out what your problem is)
Isn't that the whole point of studying momentum? That it shows the basic formulation of market efficiency is inadequate? Your objections seem...
Wait... what exactly does Milton Friedman has anything to do with this? It's not like Milton Friedman argued against the existence of momentum....
What does 'basic economics' always teach us? enlighten us also - you do realize some of the world's largest CTAs and hedge funds trade on...
The point of the academic research into momentum is to show that such an effect exist (and its implications on a wide set of other theories on...
Since it's hard to post equations on ET, I'll link ONE paper on the matter instead,...
Good to know your 'major' gives you the credential to pass flippant judgment on post graduate level research; I'm curious, why is it a 'story...
-69 <- see? a much more interesting number. What exactly are you :confused: (apparently that's a confused icon) about?
What's your problem? Momentum effect has been pretty well document in a vast amount of economics and finance literature.
I don't presume your level of sophistication or the size of your trading account - but do want to point out that in order for 0.35% a year to...
You probably can't without taking a hair cut. From a US broker's perspective, cash/short term treasury bills/notes are essentially risk free since...
Large CTAs sweep their cash in and out of their broker accounts according to the minimum margin requirements on a daily basis so that excess money...
You mean like the German Bills? For example, the 4/13/2011 maturity german sovereign bills (ISIN DE0001115715) looks to be around 0.356% on the...
Your question was already answered by nazzdack - not sure why you keep asking for ideas.
While I disagree with the spirit of this as I believe threads belong to the community (and idealistically allow the less experienced members to...
Does the thread starter need any reason to close his thread by emailing you? I had always thought that he would need some reasonable cause. But...
Separate names with a comma.