KungFuPanda

@njlevel10610, just remember:
1) long=buyer, short=seller
as simple as this, you’ll be able to draw out (literally) who’s in what situation thus who gains/loses!
2) Tbill=discounting, Eurodollar futures=interest add on
For simplicity, remember it as “tbill” belonging to the gov’t and b/c the gov’t is always so nice and wanting to provide citizens with a better life, they DISCOUNT their quote.