Rombach on Bonds
Ed Rombach says sell U.S. sovereign CDS and use the proceeds to buy puts on the 5- year Treasury future on the expectation that the coincidental end of QE2 and debt ceiling showdown drive Treasury prices lower.
Ed Rombach says sell U.S. sovereign CDS and use the proceeds to buy puts on the 5- year Treasury future on the expectation that the coincidental end of QE2 and debt ceiling showdown drive Treasury prices lower.