The document discusses the September 2017 Sy note and its implications for trading tighter than GC. It highlights the trading levels of 3m GC above LIBOR due to defensive pricing in financing markets anticipating a September rate hike. The document also covers dealer positions in Treasuries maturing in 2 years or less, with a focus on primary dealer inventory and foreign official holdings of Treasuries. It notes the increase in primary dealer positions in short-dated coupon Treasuries and TIPS.
documents/vol00010-efta01362021-pdf.pdf
{"title":"US Fixed Income Weekly","document_date":"2015-09-04","document_type":"tabular","key_organizations":["Federal Reserve","Deutsche Bank"],"reference_numbers":["DB-SDNY-0051318","SDNY_GM_00197502","EFTA01362021"]}