|
Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,407
|
I think I understand the mechanism, Wayne. I just don`t understand why you say you shorted treasury bills. You bought them and are betting that their rate will rise. Would shorting not be based on the opposite (betting that their rate will decrease) ?
__________________
1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
2014 Cayenne platinum edition
2008 Benz C300 (wife’s)
2010 Honda Civic LX (daughter’s)
|