Dates and Locations

TBA

London, UK

London Chamber of Commerce, EC4 >>

Please visit our Course Diary to see dates and locations for all of our UK and European courses.

Course Outline: Trading the Yield Curve

Introduction

- What are interest rate spreads? A look at government, credit & emerging market yield curves

- Who trades them? The role of banks, hedge funds, issuers, investors and speculators

- Why trade spreads: A look at some of the fundamental and logical underpinning of spread trading

- Advantages and disadvantages of interest rate spread trading. Longer term positioning versus short term trades, inter and intra market spreads. The hedgers and arbitrageur’s role. Examining some correlations between markets and spreads

- Why everyone is a spreader from Pimco to a Bund trading local

Strategic and technical trading using interest rate spreads

- 20 rules of trading and how to trade bull and bear markets using interest rate spreads with numerous real market examples

- Think like a fundamentalist and trade like a technician

- Keep your technical systems simple

- Respect, expect and embrace the normal 38%,50%, 62% retracements

- Understanding mass psychology; a look at the correlation between seemingly diverse markets as the FTSE, the Yen and the US ten year yield

Summary

- Delegate interaction and recap

- Question and answer session

- Looking at live markets and possible strategies for interest rate spreading