Epstein Secrets

ves... EUR swap rates are up dramatically and markets are fluid - the pricing below is as of last night's close. Trade Rationale: • Yields in the Eurozone have fallen since the start of 2014, and the commencement of the ECB's 1.1 trillion EUR quantitative easing program in March has fueled the decline

all but got Lesley's voice mail. I am at +1 212 454 0857... Euro Swaps — now: 10y 0.65% 30y 1.02% Euro Swaps — on Tuesday: 10y 0.51% 30y 0.83% German Bunds — now 10y 0.36% 30y 0.87% German Bunds — on Tuesday 10y 0.16% 30y 0.64% From: Jeffrey E. [[email protected]] Sent: Thursday, April 3

iigivvirmcwo Wee Investment traffic lights Our tactical and strategic view *Eurozone (equities) While we stay neutral on Europe. we upgrade the Eurozone to overweight. The danger of a "Grexit- appears to have passed its peak so that investors can again focus on corporate data which should benefit f

rials Information technology Materials • • F • F • A • A • NI • • • • • • • • F Style Small and mid cap • 'as of 7/15/15 ()German Bunds (10-year) As for most bonds we also expect Bunds to swing back and forth in a trading range for the time being, offering short-term opportunities.

ny wondered whether the ECB would complete its QE program. Recently, rather mixed economic data -and Greece - has underscored the problems that the Eurozone still faces. In fact, the ECB has moved to extend the range of assets availab€e for CIE purchases to give it more firepower if needed, should furt

lio. This is not just a theoretical Issue because increases in VaR can result in automatic forced selling from trading books. A rise in the VaR of German Bunds in April, for example, triggered two subsequent waves of position adjustments by investors, taking Bund VaR to a multi-decade high. Asset classes t