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Yield Curve -> strategy
At I have say in the first post, this is something along the line: If you do not know, you are a fool. Therefore, I try to find out what the yield curve means to avoid being a fool. However, I have not integrate this theory into my investment. Therefore, I have very little experience to share in this area.#${7G ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ _ Just somethings to note:eVY9`* 1) Some trader does use this theory to formulate some macro trading strategy.5A68{" 2) This is a must for bond trader or bond fund manager. However, the minimum capital is US$10 Million for an effective strategy trading.(>jAR 3) I keep this knowledge in my mind because there exists some risk-free arbitrage stratedies by using yield curve analysis. However, I have not figure them out yet. The most commonly used strategy has been exposed in LTCM story.s ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ Qt I may share my view on investment in other posts later.|h`N?+
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