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MacroBonds's avatar

When you talk about the 2-5-10 Germany, what do you mean that it is attractive? The current value is -20, if you target -14 it means you want to short the 5y no?

Chinmay Rane's avatar

For the RATES table, which Tenor are you using for Real Yield, Carry and Momentum. Are there some weights you use to weigh these before computing their Composite Scores?

spaghettilisbon's avatar

I use 10y tenor for everything. The goal is to have a cross-sectional strategy on 10y govies. For weights yes, there is a Backtest which optimizes the weighting scheme

Chinmay Rane's avatar

Thanks! That makes sense.

Nicolò P.'s avatar

Seeing this report, this mini correction looks already done, what's your opinion? everything do not seems to be as tonic as before. Also, the private credit problem is keeping the euro banks down too.

spaghettilisbon's avatar

Positioning in US was overall low, I guess we can rally from here. On EU banks well i dont truely have an opinion now