Today's BONDS!

3.92 yield on the 10-year touched briefly today, last touched back on Jan. 16th, and October 1st, and before that, back in July. Awesome Reversal.

Just trade 'em

Oh, and thanks for the kind compliment Bluehorse-Dung!

:D
 
The first report I heard was that the Treasury was taking "suggestions" from the marketplace about REPLACING the 5 and 10 year not Auctions with TIPS ( inlfation adjusted bonds ).

There was also a story that came out about an emergency G7 meeting early next week to discuss whether or not the ECB should ease and allow the Euro to weaken. The G& is "scheduled" to meet in Boca Raton, Florida Feb 6-7th.

Technically, 3.92 was a key chart point in yields on the 10-year.
Couldn't break thru it, and stops got triggered.

Happy Trading!
 
If the ECB were to ease and force the Euro to decline, that would make European Bonds look attractive, and could then provide some competition with our US Treasury Bonds.
 
Treasury Department suggesting that it would issue a 20-Year TIP ( inflation adjusted bond ) would add SUPPLY, since they stopped issuing the 30-year in Auctions.

The market obviously did not like hearing about this possibility.
 
Quote from waggie945:

If the ECB were to ease and force the Euro to decline, that would make European Bonds look attractive, and could then provide some competition with our US Treasury Bonds.
More...


hey waggie, also wouldn't the japanese stop buying US treasuries and go elsewhere?

gotta love the move on friday.. the longs got whacked as we went down down down...
 
Anyone that felt that there was the potential for a big move in lower rates in bond markets across the Atlantic ( or Pacific ) would obviously want to participate by buying those bonds, as opposed to U.S. Treasuries.

The answer to your question is: Yes.
 
You must log in or register to reply here.
Back
Top