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How to Buy and Sell Futures
The Solomon guys figured it out day one. Anyone whooldand anybody who knew what options figured it out. So erning futures was a good to do because they were as a bigger option. And my ex employer would go out there, instead of buying cash ten years, would buy future contracts and then go and buy three month tea bills. They risk but you pick up extra money by selling the imbedded option,. By buying the future contract. Now, if you go and earn 30 or forty basis points, not much, but a little bit. You earn that extra for 20 years, what do they call youha, ha. Ha, ha, ha, the bond king.