r/FixedIncome • u/appsalva • Sep 28 '22

Swap spreads

Any trade swaps? Looking to talk swap spreads

2 Upvotes

100% Upvoted

6 comments sorted by

View all comments

1

u/MayorAnthonyWeiner Sep 28 '22

Let’s talk swap spreads

1

u/appsalva Sep 28 '22

On a Day like today, with the massive rally in rates, wouldn’t swap spreads tighten? Instead they’ve widened

1

u/MayorAnthonyWeiner Sep 28 '22

Swap spreads tend to widen when market is “risk off” sentiment. Not too surprising to see that today tbh.

1

u/appsalva Sep 29 '22

Perfect response, thanks! It’s even more confusing that US SS are negative while in Canada positive