Anybody else short US 30 Bond

all I have to say is holy $hit every market is on tilt. Bonds rally a handle on Freddie/Fanny rumor out of nowhere then come off they looked like the mini dow for a while, except thousands were trading through...
 
Quote from invertedCurve:

all I have to say is holy $hit every market is on tilt. Bonds rally a handle on Freddie/Fanny rumor out of nowhere then come off they looked like the mini dow for a while, except thousands were trading through...

Yep. Looked like somebody was unloading a large position.
 
That was a very strange move, stocks were ripping at the same time too. 22k contracts traded in one minute, and book size was rarely over 400 a side
 
Quote from unclescrooge:

We look to be hitting resistance on the ZB 30 year at 117'000. Anyone think it'll go higher?


no telling

i dont believe in one in the world can do anything other than guess

Over the next 6 months:

if you think there is going to be inflation, and the markets arent going to fall to pieces, short the ZB


if you think the market is going to crash badly and we are going to get deflation along with a stronger USD, long ZB
 
I was suprised bonds didn't get whacked when the equities turned aroond this afternoon. I went short around 10:45 and then got stopped out. I think the path of least to resistance is to the downside, but as long as the financials are falling apart in stockland, bonds will stay bid. Friendly talk from the Fed helped too, but if equities get some follow through, look for bonds to get hit as safe haven money hits the exits.
 
Back
Top