Tuesday, June 28, 2011

US short terms and greek bonds

So noticed that everyone had been buying treasuries and the yield went to 0.37. Thinking that the US debt ceiling (if raised) will greatly increase supply, but not demand, I bought a put on SHY (1-3 year short term us treasury etf) @ 85.00 for 0.93.

If US defaults, I break the bank, if they raise the ceiling, i make a little.


Also been looking at greek bonds...the combined rollover bond is 53.xx, 54.xx now. I want to buy this but cannot through my broker. Cannot even find an etf on it...

No comments: