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bond futures
- Thread starter Vinny1
- Start date
Originally posted by o_2_b_sean
can someone who has a/c/e charts post the 30 year note for the few days after the fed announced they would no longer be issuing 30 year notes. I heard that some bond traders were royally f**ked by this unexpected fed announcement. I would like to see what kind of reaction there was in the futures. Were any of you short the 30 year when it happened?
Bonds rallied almost 4 pts. in minutes. It was the single biggest move ever during the session, (87 crash caused a 10 pt. move, but it came over night) When you consider the lower volitility that bonds trade, it would be something like the Dow moving 1000pts. on unexpected news.
Thanks for the chart Jay...
Ok maybe I had better hold off on trading the bond futures:eek:
Could/has anything like that happen(ed) in the FX markets with a common currency like the yen or dollar? It probably depends on the liquidity, but I would imagine a currency can only move so fast right?
Ok maybe I had better hold off on trading the bond futures:eek:
Could/has anything like that happen(ed) in the FX markets with a common currency like the yen or dollar? It probably depends on the liquidity, but I would imagine a currency can only move so fast right?
ok that is something of a relief, if those are ten minute bars my systems might have been able to flip in time. I key off 1min bars.
with the bond futures that is about a $1000 change/per contract in just over fifteen minutes! :eek: am a assuming the multiplier right ($500 per whole point)?