Monday, 6 April 2009

Panic in Detroit

Sold: two June US T-Bonds at 127-00 ½

My latest blogpost: Panic in DetroitTweet this! Posted by Mark Wadsworth at 15:19

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4 comments:

ScotsToryB said...

Mark, you normally do the 'Right, now for the maths bit.': for us non-accountants will you please do an example and outcome of buying/ selling US T-Bonds and the possible outcomes?

Thank you.

STB.

6 April 2009 at 18:53
Mark Wadsworth said...

STB, buying and selling bond futures is simple, in principle. If you buy a future and it goes up you win, if it goes down you lose, vice versa if you sell one*. You can click on the link in the top right widget and watch it yourself.

* The gross value of one US T Bond future is $100,000, so every point movement is a loss or gain of $1,000.

6 April 2009 at 19:12
Anton Howes said...

Fish not work this time?

6 April 2009 at 23:37
Mark Wadsworth said...

AH, I reversed my position once its head started to form.

6 April 2009 at 23:42

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