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Post# of 864250
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LuLeVan

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LuLeVan

Re: Viking61 post# 782885

Saturday, 01/20/2024 11:36:20 AM

Saturday, January 20, 2024 11:36:20 AM

Post# of 864250
There are many traders/HFs who are short FNMA and long FMCC. They expect the gap, which is currently 19 cents, to narrow to the historical price differential of 1 to 2 cents. These traders are not covering shorts because it doesn't hurt them if both go up (or both go down). They are not evil minded either. It's just a kind of risk free trade.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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