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It's interest rate/dividend arbitrage related.
CC
--- In realtraders@xxxx, "Don Ewers" <dbewers@xxxx> wrote:
> The spread is about 5.5H as opposed to much larger spreads in the
past 12H+
> or more.
>
> Does anyone on the list have any feel for this and is this just
simply the
> difference between a bull market and a bear?
>
> I mentally used to have trouble when we rolled, but this seems like
nothing
> compared to the past.
>
> Thoughts anyone?
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