Surveillance: Recession Forecast Loh
Bloomberg Surveillance
00:00
How to Play the Opportunity Given a Discontinuous Function in the Three-Month T-Bill
Lindsey Rossner: What is the opportunity given a discontinuous function in the three-month T-bill? How do you play it? Right. There's so much talk right now about getting this extra 100 basis points. But if we actually do have the default, which we think happens with a 5% probability, 100 basis points is just not good enough upside-down,. So for us, it's skip the games in the front end of the curve and get more into the intermediate duration space.
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