HALISTER1: RATES: Buy Signal in U.S. Rates via TY Options, CS Says

RATES: Buy Signal in U.S. Rates via TY Options, CS Says

(Bloomberg) -- “Put-heavy trading in TY options” during Friday’s selloff pushed Credit Suisse Option Sentiment Indicator to second buy signal this month, strategist William Marshall said in March 11 note.
  • Last OSI buy signal was on March 1, however 10s sold off by 1.8bp over next two days
  • Since 2009, 10Y yields have rallied 62.2% of the time in 2 days after OSI crossed buy signal threshold, richening by 7.4bps on average
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
William Marshall (Credit Suisse Holdings USA Inc)

To de-activate this alert, click here

UUID: 7947283