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$122.80, 7.6 vol, 38 delta) or sell JGBs. MEGA Action: Strong US payroll data risks steepening of US yield curve - tail hedge US credit exposures. Post Strong US Payroll Data we still see a December US rate hike. * Growing hike expectations will steepening the US and Japan yield curves. The question is how do Risk Parity
bank shares to rise. If the BoJ does move to make policy more flexible, we think the focus will be on JGBs, rather than on negative interest rates. Chart Pack: 3 EFTA_R1_00106914 EFTA01785102 Nasdaq Bio Tech Index: Buy Calls on Bio-Tech US Investment Grade ETF, (LQD in white) and (Shares Outstanding i
id:38917479" height="72" width="691"= MEGA Action: Strong US pa=roll data risks steepening of US yield curve - tail hedge US credit exposu=es. <=> Post Strong US Payroll Data we still see a December=US rate hike. * =/span>Growing hike expectations will steepening=the US and Japan yield curves. The question is how do Risk
bank shares to rise. If the BoJ does move to mak= policy more flexible, we think the focus will be on JGBs, rather than on =egative interest rates. Chart Pack: Nasdaq Bio Tech Index: Buy Calls on Bio-Tech=b> In JGB Futures, 150.60 is an impor=ant level for all global fixed income. <=span> Regional Bank
$122.80, 7.6 vol, 38 delta) or sell JGBs. MEGA Action: Strong US payroll data risks steepening of US yield curve - tail hedge US credit exposures. Post Strong US Payroll Data we still see a December US rate hike. * Growing hike expectations will steepening the US and Japan yield curves. The question is how do Risk Parity
bank shares to rise. If the Sal does move to make policy more flexible, we think the focus will be on JGBs, rather than on negative interest rates. Chart Pack: Nasdaq Bio Tech Index: Buy Calls on Bio-Tech US Investment Grade ETF, (LQD in white) and (Shares Outstanding in Green). Buy Puts on IG Credit. In
Entities connected to both Post Strong US Payroll Data and Chart Pack

Jeffrey Epstein
PERSONAmanda
PERSONIG Credit
ORGANIZATIONThe Bank of Japan's
ORGANIZATIONJGB Futures
ORGANIZATIONRegional Bank ETF
ORGANIZATIONMacro Equity & Global Alpha
ORGANIZATIONUtilities
ORGANIZATION
Richard Kahn
PERSONPost Q2
ORGANIZATION
Health Care
ORGANIZATION
Green
PERSONHealthcare and Technology
ORGANIZATIONUSD Strength Trade
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONAmanda Ens
PERSONBuy Healthcare & Biotech
ORGANIZATION