Did they elaborate on the potential drivers for rate volatility rebounding?
After digging through CME's Q2 results, my thoughts: ① No big surprises today; volumes drive CME and the market can see they've been sluggish. ② Expense guidance has more room to come down in 2H. ③ CME is hopeful rates volatility rebounds. ④ WFH move benefits market data.
-
-
-
The drivers they talked about were: 1) huge debt issuance driving hedging demand 2) Fed has been stepping off the gas recently 3) big 2021 deficits keep the Treasury market front and center for traders
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.