Bond rally nearing an end?

[gharghur2]

Takes a blueprint to make a building
Takes a roadmap to invest in the market
Looks like a roadmap

 

[steveosborne]

Quote from gharghur2:

Hope you guys are right, stocks could use the relief...

LOL. I was thinking the same thing.

 

[Surdo]

My magic Apple tells me we run into a resistance at 111 '10!

23.60% Retracement

A 111 or higher close would be nice.

 

[gharghur2]

LOL
go for it!

 

[landboy]

I'm getting squeezed, thankfully I only put on a small pos... I may add if we fail to make new highs... good timing guys...

 

[Surdo]

Good Luck Landboy!

Maybe we traded with one another.

 

[Surdo]

10's look like a sale starting @ 107 1/2.
If they get there later this week, I will scale into a small short.

I will likely add to my 30 YR Long @110 1/2.

 

[newbunch]

Still short the 10-yr bond and sitting tight. Fortunately, I'm still in the black (about 1%), but days like today are tough to watch and do nothing.

 

[gharghur2]

good luck guys ... hope you both cash

 

[mcurto]

Hold long end shorts, good trade in terms of risk/reward with the curve in 2-10's looking to breakout above the +6 basis point level. A near 20 tick rally in the ten year and the curve can't flatten, that says a lot for the flattening move, maybe hitting the end of it, although lots of dealers willing to restablish flatteners at +6 in 2-10's cash. The two-year rally was nuts today as well, situation should alleviate as we hit supply in a couple weeks, until then hold on for the ride.