Trading Recommendations For Friday, April 24

By Marc Nemenoff
24 April 2009 @ 09:52 am EDT

Financials: Bonds are currently 13 lower at 124’26, the 10 Yr. Notes 7 lower, the 5 Yr. Notes 2 lower and the 2 Yr. Notes unchanged at 108’18.2. Dec. Eurodollars are currently 5 higher at 98.720, an area where I am once again willing to try the short side of the market. We remain short the 2 Yr. Notes and/or the 5 Yr. Notes and will cover this position if the 2 Yr. Notes trade below the 108’12.0 level. I remain on the sidelines in the Bonds.

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