nalwaint !Breakdown of 3M carry for €41 expiries (°o premium) 80% 60% 40% 20% 0% -20% -40% 6m1y arr2y 6rroy 6m7y 6m10y 6m15y 641120y 6w:30y San Donn* eat ,Trade weighted dollar in prise index 5.5 110 5 100 4.5 90 CO • 3.5 1.5 1 'Combined put/call ratio in Treasury futures 2.25 2.00