The Tradex Group: FLASH UPDATE: Treasuries and MBS markets both little changed ahead of possible government shutdown

The Tradex Group is a minority-owned alternative asset manager located in Greenwich, CT. In addition to managing single strategy hedge funds, Tradex also manages niche fund of funds. This blog is intended for informational purposes only and nothing contained in it constitutes investment advice or solicitation. The views expressed are strictly those of the author. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Follow us on LinkedIn: http://linkd.in/LqokEf and Twitter: @Tradex_Global.

Monday, September 30, 2013

FLASH UPDATE: Treasuries and MBS markets both little changed ahead of possible government shutdown

The Treasury market is essentially unchanged on the day as markets take a wait and see attitude on the possible government shutdown. MBS are trading within a tight range with discounts up slightly (1+ tick) on a hedged basis and premiums off slightly (1+ tick) on a hedged basis. Expect Treasury markets to rally significantly if the government does shut down and mortgage discounts to continue to outperform premiums (…but in a much stronger way).

Tradex Global Advisory Services, LLC

investorrelations@thetradexgroup.com

203-863-1500

@Tradex_Global

Monday, September 30, 2013

FLASH UPDATE: Treasuries and MBS markets both little changed ahead of possible government shutdown

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