Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

TREASURIES-Prices jump after Germany bans naked shorts
Reuters ^ | Emily Flitter

Posted on 05/18/2010 12:04:43 PM PDT by 6SJ7

NEW YORK, May 18 (Reuters) - U.S. Treasuries prices rose on Tuesday, with the 30-year bond rising a full point, as Germany announced it would ban some short-selling activities and Wall Street stocks turned lower.

Treasury yields hit session lows after Germany's Finance Ministry announced a ban on naked short-selling at major banks. The ban would include a prohibition against naked shorting of euro government bonds. For more, click on [ID:nBAT005467]

Germany did not ban all short-selling of bonds, but by banning naked short-selling -- in which a position is taken on a bond without buying or borrowing the asset to support that position -- the government could make shorting more difficult because the supply of bonds to buy or borrow in such cases can become limited.

"If you can't sell a government bond short, then how is the market going to be deep and legitimate?" said Raymond Remy, head of U.S. fixed income at Daiwa Securities in New York. "I think that is bad for any market, but it just puts a little spook everywhere."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; News/Current Events
KEYWORDS: bans; germany; jump; naked; nakedshorts; napl; prices; shorts; treasuries
Navigation: use the links below to view more comments.
first 1-2021-39 next last
It's a topical article related to the whole Greece / Eurozone debacle, but it also just sounds funny. I have this image *shiver* of naked German tourists with white socks and sandals.
1 posted on 05/18/2010 12:04:43 PM PDT by 6SJ7
[ Post Reply | Private Reply | View Replies]

To: Slings and Arrows

Naked Shorts PING! < /sarc >


2 posted on 05/18/2010 12:05:14 PM PDT by a fool in paradise (Throw the bums out in 2010.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: a fool in paradise

“bans naked shorts”

And

Woolly mittens too


3 posted on 05/18/2010 12:06:23 PM PDT by edcoil (RAGE AGAINST THE MACHINE.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 6SJ7

They’re playing Whack-a-Mole with the markets.............


4 posted on 05/18/2010 12:07:05 PM PDT by Red Badger (When you see Jerusalem being surrounded by armies, you'll know that its desolation is NEAR. Luke 21)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7

Parked ... Governments will have things thoroughly screwed up by years end. Socialism, as it always does, goes face down in the mud, and then the rains of global warming comes.


5 posted on 05/18/2010 12:07:41 PM PDT by Tarpon (Obama-Speak ... the fusion of sophistry and Newspeak. It's not a gift, it's just lies.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7
Naked shorts ?


6 posted on 05/18/2010 12:07:51 PM PDT by llevrok (A stranger in my own country)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7
Prices jump after Germany bans naked shorts

That is correct sir, nobody under 5 foot in height may appear naked in public...

7 posted on 05/18/2010 12:08:27 PM PDT by apillar
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7
Are they banned too?


8 posted on 05/18/2010 12:08:54 PM PDT by colorado tanker
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7; mikrofon; Charles Henrickson
Germany bans naked shorts


9 posted on 05/18/2010 12:09:45 PM PDT by martin_fierro (Ich bin ein bareloiner)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7

I understand shorts and think they have a place in a legitimate market, but I do not believe naked shorts have a place.

Try a “naked Pass” bet at the next craps table you visit.


10 posted on 05/18/2010 12:10:00 PM PDT by IamConservative (Liberty is all a good man needs to succeed.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: llevrok

Yikes
for some reason this image is quite disturbing


11 posted on 05/18/2010 12:11:09 PM PDT by DM1
[ Post Reply | Private Reply | To 6 | View Replies]

To: martin_fierro

LOL!!!


12 posted on 05/18/2010 12:11:51 PM PDT by silverleaf
[ Post Reply | Private Reply | To 9 | View Replies]

To: apillar

Call the PPT the stoks is dropping.


13 posted on 05/18/2010 12:11:56 PM PDT by screaminsunshine (S)
[ Post Reply | Private Reply | To 7 | View Replies]

To: 6SJ7
"If you can't sell a government bond short, then how is the market going to be deep and legitimate?"

How disingenuous. If naked shorts are banned they can still sell the bonds short if they actually have them.

14 posted on 05/18/2010 12:13:52 PM PDT by glorgau
[ Post Reply | Private Reply | To 1 | View Replies]

To: 6SJ7

Holey lederhosen!


15 posted on 05/18/2010 12:14:01 PM PDT by Hunton Peck (In the postmodern land of the blind, the one-eyed man is killed in his sleep.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: screaminsunshine
Speaking of the PPT. from this past February....

Plunge Protection Team Cover-Up

16 posted on 05/18/2010 12:15:00 PM PDT by mewzilla (Still voteless in NY-29.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: martin_fierro

It’s scary you find the pics you do. :O)


17 posted on 05/18/2010 12:17:12 PM PDT by library user
[ Post Reply | Private Reply | To 9 | View Replies]

To: edcoil
"Germany bans naked shorts."


18 posted on 05/18/2010 12:17:45 PM PDT by Dem Guard ("We're Coming to Take You Away ")
[ Post Reply | Private Reply | To 3 | View Replies]

To: a fool in paradise; MeekOneGOP; Conspiracy Guy; DocRock; King Prout; Darksheare; OSHA; ...
Lederhosen-on-the-ground ping!


19 posted on 05/18/2010 12:18:15 PM PDT by Slings and Arrows (Just another day in Oceania.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 6SJ7

“Germany bans naked shorts”

http://www.youtube.com/watch?v=cu2nmeKvN1I

This is totally hysterical. Everybody should see the above video.

It is a takeoff on those stupid women who paraded nude from the waist up.

It has many hicups, so let it run once (with the sound off so you can be surpised). Then start it up again. It is not offensive.


20 posted on 05/18/2010 12:18:38 PM PDT by Gatún(CraigIsaMangoTreeLawyer)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-39 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson