John Brady, co-head of MF Global Inc.’s Chicago office, was having a vodka cocktail at the Ritz- Carlton in Naples, Florida, overlooking the Gulf of Mexico, on the day his company reported its largest-ever quarterly loss.
Natural gas fell for the first time in three days as a government report showed a decline in inventories that was smaller than forecast. RJ O'Brien & Associates Senior Vice President John Brady talks with Sara Eisen on Bloomberg television's "Money Moves." (Source: Bloomberg)
Demand for options that profit if Treasury yields fall this week has surged as traders speculate that the outcome of the Presidential and Congressional elections will give U.S. government bonds a boost.
Treasury bond futures will probably extend today’s rebound as the contracts maintain the reversal of a short-term, technically oversold condition that developed this week, according to futures broker R.J. O’Brien & Associates LLC.