Author: Chris Evans

I just advised subscribers to reverse a volatility weighted trade between the US 5 year contract and JGB’s (10 year contract). It turns out they have almost the same volatility level. This video explains the thinking...

Greece is a mess so everyone will rush into Bunds on Monday. I can’t see any way that Greece will be saved (see Prisoner’s Dilemma) but I have a sell on Bunds that I can’t ignore. They are rich and their...

I haven’t had many Forex trades for the last month or so because they have all been falling simultaneously – their anchors are all bearish and none have them have gotten cheap. Finally the A$ got cheap yesterday...

Two bond markets are vying for the title of record cheapness – Gilts and JGB’s. You pick: … and now JGB’s: CGB’s are still rich and so are US 5’s so we have a couple of trades that make...

Cdn bonds got smacked around 2 weeks ago as their central bank started talking tough. Their economy is hotter that the US economy so their inflation fighting scare tactics seem to supported by the data. In the end, the CGB...

As of Friday the richest currency, by my measures was the SF. The problem I keep having is that as the US $ rises no currency is over correcting enough to give me a buy- so I don’t have anything to buy on the other side of...

Even though Bunds rallied with all bond markets yesterday they only got slightly richer. Their “cheapness” measure is still favorable and both their anchors are rallying – always a good...