Anybody else short US 30 Bond

[frostydc4]

Quote from scriabinop23:

many ways to do this. Amongst them:

-Short the ZB
-Short TLT (20+ yr maturity Lehman ETF)
- Buy TLT puts or ZB future option puts.
- Buy TYX (30 year yield CBOE option contract) calls or spreads, although the bid/ask spreads on this are attrocious.
- Inversely, sell TYX puts, sell TLT and ZB calls.
- Buy that Rydex short long bond fund 1.2x with the ridiculous mgmt fees.

Are there any inverse bond yield (10 or 30 year) etf's that accomplish the same thing? I believe that long bond rates & as well as the cost of borrowing will skyrocket. I prefer an etf to a futures contract or a mutual fund. Thanks.

 

[Surdo]

http://www.ishares.com/product_info/fund/index/FI.htm

TLT is the most liquid.
IEF is for shorter end maturities.

 

[Pa(b)st Prime]

I'm short and not loving it. My feeling is tomorrows data will be like Sept. Big rally. If we take out 120-03 we'll see 120.25.

 

[invertedCurve]

Quote from invertedCurve:

the mkts go as Ambac and MBIA go. the fundamental cause of the Great Depression was mortgage defaults so keep your ears and eyes open that is the most important mkt mover.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aPTZI4.Pw0PI&refer=home

 

[youngtrader]

Im still short 10yr from 117.01 looking to take profit around 116

Suprising how the treasury market fails to hold its bid for too long (other than today). Its obvious worst case senario is already priced in.

Also sold mar 10yr 114/118 strangles for 53

PIMCO along with other big boys appear to be selling these strangles in both mar and june (around 13K so far) along with 116 and 117 straddles in mar and june (around 14K so far). So they are thinking a chop trade for a few months. Should be excellent intra day trading

YT

 

[invertedCurve]

YT-
head this warning if the spooz get hit hard in the morning don't take too much heat! Don't be like the OP and let something run too far up your a$$, good luck and maybe non-fun tomorrow morning will help you out!

 

[Surdo]

That was some good stuff!
I hope ya'll printed a bunch a Benjamins this morning.

Traded 'em long on the release, and shorted 'em in the 120's.

I wanna give a shout out to my man Inverted Curve.

el surdo

 

[invertedCurve]

gracias el surdo
I actually stayed away from El Bondo and sold El Spooooooooooooz.
And nothing like scalpin' Cash another market on crack right now, ISM will get gnarly watch out people!

 

[BondTrader50]

Kind of a tame response to the number.

Might see some selling over the next few weeks.

 

[gdh]

So what do you think about the 5x5 on the DOM vs. the 10x10 we used to have? Any thoughts or concerns about the upcoming reduction in tick size?