Anybody else short US 30 Bond
- Thread starter richard_m
- Start date
HOW THE F#CK DO YOU TRADE THIS $HIT? It goes past my level of pain almost everyday yesterday I sold two ticks from the high and bought one tick off the low and still lost $ in the Cash. It does not even trade bids and offers 3 bid then 7 bid then at 3 then 5 bid what the F#CK is going on with this $HIT? If you are wrong it is a minimum of 5 ticks in your a$$ which is 312.50 per unit per tick insane!
Pretty lame post # trade thus far. Just chop after initial knee jerk.
could someone who is more intelligent than me explain why with supply the next couple of days and the spooz rallying back to the morning high they need so many bonds no retracement and just bid so f#cking gay. Every time I added to a short winner just got pounded badly. Then as spooz rally hard some jackass buys em at 2:45 what happened to printing money and inflation do not understand why they stayed so bid in the late afternoon.
Can't answer your questions - just empathize an hour and a half to scratch
'Cause there's like bazillion (arnd $30bn is the estimate I saw) redemptions/coupons coming up... At least that's what I heard.
It's amazing how this market moves now (summer trade?). No more methodical upticks or downticks, just straight balls to the wall moves.
Actually, seems like it's worse than I thought. Net supply is actually negative, even excluding the Fed purchases. There's $61bn of redemptions and $23bn coupon payments. Sounds like a long into the issuance week, then...