Fixed Rates as a Trading Strategy on @TermMax

Fixed rates looked simple to me at first.

You know your borrowing cost in advance and that is it.

But there is another side to it.

You can lock a fixed borrowing rate on TermMax while earning a floating rate somewhere else.

If the floating rate rises while your cost stays fixed the spread can work in your favor.

Or you can do the opposite and borrow at a floating rate while locking a fixed lending return.

That makes fixed rates more than just a way to manage uncertainty.

They can become a tool for positioning around rate movements.

The risk is obvious though. If rates move the wrong way the spread can shrink or disappear.

#TermMax
#giggle
#chip
#DOS
#WLD
$WLD
$AKE
$GIGGLE
How would you use fixed rates?