Start covering your short positions here why...
Post# of 96879
http://www.msn.com/en-us/money/markets/someth...ar-BBn2Woo
“The role of the bond market is to provide funding at the right rates for the real economy,” Major said. “That’s why the bond market exists -- to help efficiently finance projects, businesses etcetera. If that efficiency is undermined, it’s not going to be a positive thing for the economy.”
Whatever the reason, the severity of the distortions is unnerving many investors.
“What there doesn’t appear to be is any single smoking gun that says why swap spread changes have been so dramatic,” said Thomas Urano, a money manager at Sage Advisory Services Ltd., which oversees $11 billion. The big question remains whether there is “something bigger brewing under the surface that so far hasn’t been pinpointed yet.”
The steady decline in pps due to the short position taken against Ntek is up ....spreads are no longer profitable for the hedge funds and there is where the greatest short squueeeze lies it about to unfold hold on for dear life unto your shares ...
mark it...