Why did treasuries (1 year) drop 32 bp Friday, and 32 bp this morning?

[SunTrader]

I was talking price, not yield, anyway i am curious what mortgage rates do now, could spark a mini housing boomlet

This is weekly FreddieMac 30yr rate (as of Thursday - when it comes out):-

 

[NCC1701]

This is weekly FreddieMac 30yr rate (as of Thursday - when it comes out):-
View attachment 308786

thanks, look at June Eurodollars, they seem pretty damn sure here about the fed

 

[SunTrader]

thanks, look at June Eurodollars, they seem pretty damn sure here about the fed

View attachment 308793

Yup 3+ sigma move right into resistance:-

 

[NCC1701]

Yup 3+ sigma move right into resistance:-
View attachment 308796

Think about the shitshow if we get a high CPI tomorrow. This might be an extremely difficult spot, TARP during high inflation rewarding shitty bankers is a bad idea.

 

[SunTrader]

Think about the shitshow if we get a high CPI tomorrow. This might be an extremely difficult spot, TARP during high inflation rewarding shitty bankers is a bad idea.

Markets don't seem to indicate bankers will be rewarded $BKX today -11.66%

 

[SunTrader]

• The yield on the 2-year Treasury dropped to 4.016%. On Wednesday, it was 5.06%. That’s a full percentage point drop, the largest three-day decline since the “Black Monday” of 1987 when the S&P 500 plunged 20%. Investors are swarming into bonds, pushing yields down, as they seek safer assets amid contagion across the banking sector.

 

[atrp2biz]

I don’t agree with the last part of the statement. It’s not about seeking safer assets but rather exercising a view on interest rates.

 

[SunTrader]

I don’t agree with the last part of the statement. It’s not about seeking safer assets but rather exercising a view on interest rates.

Largest 3 day panic decline in 26 years is not a safe haven move? Well we certainly are all entitled to our opinions.

 

[Overnight]

Largest 3 day panic decline in 26 years is not a safe haven move? Well we certainly are all entitled to our opinions.

The 50-point jump in Gold certainly seems to be a safe-haven move. Rats fleeing the sinking ship?

 

[NCC1701]

Markets don't seem to indicate bankers will be rewarded $BKX today -11.66%

after the bankruptcy, the fed doesn't care about your stock price