Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel

Early Wednesday, while documenting the initial reaction to a likely Democrat-controlled Senate follo

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3 thoughts on “Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel

  1. sympathy with the early 2018 analog, but before it can become a credible reality we will need to see rate vol move higher. so far, 3m10y swaption vol is tame…in Jan’18 it rose (10vols) before equity markets cracked and equity vol exploded. i’d share the chart if i could, you can see USSN0C10 Curncy on bberg.

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