Submitted by Tyler Durden on 05/11/2012 08:20 -0400
The one print everyone is looking for this morning:
IG9 10Y 135/137.5... +9.5bps
Assuming ~$200MM DV01 and.... oh boy.
It would appear the hedge fund community has found a weakness...

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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.