Bond And Money Markets- Strategy- Trading- Analysis -securities Institution Professional Reference Series- -

The curve had inverted.

And she would be there.

"Three times, via repo," she admitted.

He called Elena on the private channel. "Your bond shorts. You're levered." The curve had inverted

"I'm not moving it. It's already moving. I'm just choosing my exit velocity." the yield curve remained inverted

She leaned back. Her shirt was damp. On the screen, the yield curve remained inverted, a harbinger of the recession to come. But the markets were open. Trades were clearing. The system had not died. The curve had inverted