Not so active over the Xmas period lots of R&D. Will get back into it for the start of the new year. With some other stuff.
Plus the curves can be a little unpredictable during this time.
Taper in the balance. Will be surprised if the fed did, but then again could be politically motivated to do so. Me not prepared to position curve infront of announcement. Keep powder dry for after the event.
Have a good Christmas.
Lee
