Anybody else short US 30 Bond
- Thread starter richard_m
- Start date
Surdo - you should have charged money for that one! LOL!
10's getting to upper part of range 3.25 to 4%. right now about 3.30 - bondo getting close to 4% we'll see how far they can push it.
Quote from dhpar:
10yr will be bid up till next week in order to transfer notes to Fed at higher prices.
effectively this transfers taxpayers' money to banks in order to recapitalize them - without need of Congress approval - let's call it a Fed scam...
we will likely see a sell-off later next week.
dhpar,
Could you please better elaborate about this mechanism?
Quote from Bernard111:
dhpar,
Could you please better elaborate about this mechanism?
it was meant more as a joke but...
if Fed is buying 10s from the dealers next week (at the market) why would dealers trade 10s down? they will work it up among themselves and offload to Fed - afterwards 10s will revert back to lower levels (in price terms). Therefore Fed is generaly buying high, i.e. potentially making a loss that goes to a taxpayer while recapitalizing the dealers...
by far i am not a conspiracy guy but this is really not too far fetched imo...
cheers
I am selling EVERYTHING in my equity account tomorrow morning and buying TBT tomorrow fu%k this bull$hit of spooz going up and the long end going up. Fed buybacks they are buying Mortgage paper and not long paper. Obama is printing so much money when interest rates are 8% for a 30 yr fixed in two years I will be vindicated. Why is the ten yr at 3.28-3.30%?! Is the bond really going under 4% I will go down burning all in long TBT.