Quote from invertedCurve:
last bond high 121.285 hit it to the tick these guys are F%CKING crazy! 3.40 to 3.35 yield held for now in 10 yr cash.
Quote from forestfire:
122 even is the 4% yield. That's what's holding us up here.
Does anyone know where to find the yield against the projected future prices?
Say for example, what price would the bond be trading at 4.25%?
I remember there was a daily blue sheet on the floor but can't find a source now.
Quote from bali_survivor:
when fear and greed take over all rational fundamentals ( / behaviour ) go up in smoke....
ps I am of the opinion that the Great Depression II is going to be a lot worse than the first because imho a lot of the automatic trading (bot) systems have "flipped" and are emotionless and are pushing the market further down. This in stark contrast to the Great depression of the 30's where the traders decided to go long in order to save the economy.
These mechanical systems are relentless....