What happened just now 1pm EST?

ivanbaj · Mar 25, 2009

Quote from Martinghoul:

Dude, you have to try to think about these things for yourself. What does a failed auction mean? What does a govt's inability to fund its various fiscal measures mean?

Or what will the inability of the government to suppress rates will mean?

Surdo · Mar 25, 2009

Quote from mizhael:

Do the auctions have that large impact on the stock markets?

If I were you I would do a little more reading, and a little less typing mate!

Start here:

http://www.elitetrader.com/vb/showthread.php?threadid=112244

BondTrader50 · Mar 25, 2009

Quote from ivanbaj:

Or what will the inability of the government to suppress rates will mean?

If that 7 year doesn't go well we'll be on our way to quickly retracing 100% of that post FOMC bounce.

mizhael · Mar 25, 2009

Quote from Martinghoul:

Dude, you have to try to think about these things for yourself. What does a failed auction mean? What does a govt's inability to fund its various fiscal measures mean?

Yep, you are definitely right. So the stock and bond market move along the same direction during this period...?

mizhael · Mar 25, 2009

Quote from mizhael:

Yep, you are definitely right. So the stock and bond market move along the same direction during this period...?

Yes, I observe that after the failed auction, the treasury and the stock plunged together. But then at 3:00pm EST, they departed, stock was bounding back, while treasury plunged again...

Surdo · Mar 25, 2009

Quote from michael:

Yep, you are definitely right. So the stock and bond market move along the same direction during this period...?

Some days in unison...other days antagonistically, please stop making these statements!

Have you considered watching charts for a few weeks?

BondTrader50 · Mar 25, 2009

Quote from mizhael:

Yes, I observe that after the failed auction, the treasury and the stock plunged together. But then at 3:00pm EST, they departed, stock was bounding back, while treasury plunged again...

It wasn't a failed auction, just a poor showing.

ivanbaj · Mar 25, 2009

Quote from BondTrader50:

If that 7 year doesn't go well we'll be on our way to quickly retracing 100% of that post FOMC bounce.

They must be keeping their powder dry for the 7 year. We shell see. If they have some kind of a comeback they should use it now.

Martinghoul · Mar 25, 2009

Quote from BondTrader50:

It wasn't a failed auction, just a poor showing.

I think he might be referring to the gilt...

mizhael · Mar 26, 2009

Had anybody actually expected the problems with the auctions and thus shorted the treasuries in advance and made a profit?