I am your host Kristen Radosh of Arbor Research and Trading. Our commentator is Jim Bianco of Bianco Research.

Today Jim discusses the basis trade and bond market positioning and sentiment.

· What is the latest with the basis trade?

· What are other measures of bond market sentiment and positioning saying?

· What are the bond bulls looking for?

Thank you for joining us today. We are client driven, if you have any questions or feedback on future topics, please let us know.

For further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at [email protected].