Picking a top in the bond today

[bond tr4der]

Someone tell richard_m that the bond market is on the verge of collapse.

 

[Lucrum]

Once Monday's LOD gets taken out I'll lean that way too.

 

[Handle123]

I sold the Open Friday on T-Bonds, perfect trade so I thought, watched it go down, then watched it hit my breakeven stop on the way up. Always next week.

 

[bond tr4der]

That was unexpected. Surely it can't go higher.

 

[makloda]

Quote from bond tr4der:Surely it can't go higher.

 

[nazzdack]

One of these days, he'll be a hero.

 

[harkm]

Seriously, this has to be the top....unless the Fed buys every bond.

 

[makloda]

I wonder how many dumbasses blew up shorting JGBs in the 90s with their "surely can't go much higher" thesis

 

[harkm]

Quote from makloda:

I wonder how many dumbasses blew up shorting JGBs in the 90s with their "surely can't go much higher" thesis

Difference is the Fed is starting this with the 30 year at 3 percent. If the Dollar continues to fall the bottom will fall out of those long rates....unless, the Fed buys every one from here on out.

 

[stock777]

i c dead bond shorts