Anybody else short US 30 Bond

[invertedCurve]

sell sell sell sell sell
wow that was a liquidation looks like they are dumping em like in July when the Ten year yield hit around 3.78 ish

 

[invertedCurve]

wow

 

[Bernard111]

Quote from invertedCurve:

wow

Any idea about this strong upmove?
:eek:

 

[aeliodon]

This move is nuts. This market has decoupled from equities and commodities. Its moving on CB buying and technicals.

 

[invertedCurve]

lost my whole day in 30 seconds thank you end of month buying! You f$cked me good this time!

 

[invertedCurve]

FYI- dec is topstep

 

[Optional]

The last thing bonds trade are fundamentals. This is a tech driven market. 4% yields coming again for the 30? Where will that put bonds? 125?

Quote from jasonjm:

it matters what inflation is doing though

and its at 6%

going long ZB as a safe haven is risky IMO because you are on the same side of the trade as everyone else, the fundamentals do not support ZB here, so when someone big pulls funds outta ZB, lookout below.

 

[Optional]

The last thing bonds trade are fundamentals. This is a tech driven market. 4% yields coming again for the 30? Where will that put bonds? 125?

Quote from jasonjm:

it matters what inflation is doing though

and its at 6%

going long ZB as a safe haven is risky IMO because you are on the same side of the trade as everyone else, the fundamentals do not support ZB here, so when someone big pulls funds outta ZB, lookout below.

 

[invertedCurve]

this market is all about credit, with spreads widening money coming out of agencies and going into the curve. treasuries are bid (China) if the spooz break out of this range (1260-1300) on the downside watch out and do not be short the curve.

 

[invertedCurve]

Trichet adds a 12% haircut on ABS, that is very abrasive, bad for banks to raise money, buy the curve sell spooz we broke 1260 look out below. It will get even worse if NFP is not great.