Thursday, June 4, 2009
Julian Robertson Bets the Farm on Inflation -- Seeking Alpha
Julian Robertson Bets the Farm on Inflation -- Seeking Alpha: "Today, we are going to highlight Julian Robertson's steepener swap play. In layman's terms, he is betting on inflation. Taken from eFinancialNews, 'Steepeners are a type of interest rate swap, where one party agrees to pay the other a fixed rate in exchange for a floating rate, which is derived from the difference between long and
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