Sentences with phrase «where bond traders»
It reminded me of the «blowing your customers up» mentality in perhaps one of the best business books ever written — Liar's Poker — where bond traders celebrated when they bankrupted their first customer.
https://www.inc.com/ Not exact matches
He told bond investors and currency traders that they were mistaken in their belief that Canada would track the United States, where the central bank has raised interest rates twice since December.
As a result, traders are turning to bond futures, where having more buyers and sellers makes entering and exiting positions easier.
Prior to joining Wells Fargo, Mr. Haverland was a portfolio manager, corporate bond analyst and trader at Jefferson Pilot Financial (now part of Lincoln Financial) in Greensboro, North Carolina, where he managed $ 2.6 billion in fixed income assets.
In other words bond traders look at the yield of a bond in terms of where it is trading vs. treasuries.
«We are coming from an abnormal period where a tremendous amount of wealth was created largely by selling assets back and forth,» said Mohamed A. El - Erian, chief executive of Pimco, one of the country's largest bond traders, and the former manager of Harvard's endowment.
It takes place in the rarefied world of the bond market where institutional traders like banks and pension plans operate.
When bond traders at the CBOT wade into the soybean pit because that is where the «action» is (high prices and volume), then I saw the most anxious buyer set the highest prices.
Jens started his career with Spar Nord Bank in 1982 where he worked as an analyst and trader of bonds, equities and derivatives.
Where a trader might make a short - term «swap» based on a higher yield for a bond than its peers, the credit analyst focuses on longer - term issues.
Bond market traders, who are the most likely to put their money where their forecasts are, are currently wagering on a rate cut in the next year rather than a rate hike.
Prior to that, Todd was a corporate bond trader at Dillon Read & Company, where he traded a broad range of investment - grade securities.
When bond traders at the CBOT wade into the soybean pit because that is where the «action» is (high prices and volume), then I saw the most anxious buyer set the highest prices.
The bond traders that influence long - term rates (like those used for mortgages) are trying to make educated guesses about where the economy will be in 10 - 15 years.