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Stablecoins instead of bonds in portfolio

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  1. #51

    Join Date
    Feb 2019
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    Original Post Deleted
    Tough times but you have to take the lows with the highs!

    Only silver lining is that cash-futures yield trades have realized basically all of their PnL months early as the futures premium has been crushed

  2. #52

    The irony of crypto bulls looking to Jerome P to save their bags...

    TheBrit and shri like this.

  3. #53
    MrSapSap likes this.

  4. #54

    Join Date
    Feb 2019
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    Original Post Deleted
    The trade I've banged on about here is long the coin, and short the futures contract to March or June to capture the premium on the futures.

    When markets crash, futures prices fall faster than spot, and that premium shrinks bigly. This means that rather than having to wait until March or June for my yield, I end up realising it ahead of time, which is roughly what the recent crash has done.

    This trade has been written about by Bloomberg, I linked in the past and you can read more about it from them if you don't believe me.
    MrSapSap likes this.

  5. #55

    Join Date
    Aug 2006
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    11,884

    No idea how I stumbled across this old thread again, and a lot of it doesn't make sense as so much has been deleted out of it, but this one post deserved a revival.

    Quote Originally Posted by GentleGeorge:
    Only 12 hours in and 2022 is feeling like it will be a good year for crypto already

    (Famous last words I know!)

  6. #56

    It was good for the first few months, right?


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