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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Nomura Warns Of "Huge Fodder For Mechanical Short Squeeze" As 'Event Risks' Clear
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Recipe For A 'Gong Show'
by Tyler Durden Authored by Charlie McElligott via Nomura, Bonds calm overnight, stabilizing from yday afternoon’s stunning VaR-event in Rates / USTs (particularly the belly, yikes), peaking following the 7Y auction bloodbath stress point (tailing by almost 5bps!) as Butterflys then exploded higher in unprecented 1d move fashion ( indicative of RV / leveraged stop-outs), then evidencing itself further in accelerated deleveraging across “reflation” faves (longs in steepeners and TIPS BEs getting slammed / monetized with violence)…all while the MBS bleed continued its ugly recent one...
Source: zerohedge.com