30 Yr. Bonds…136.15 to just shy of 137.00 is resistance and the upside closing pivot for another 4 Bond points. 10 Yr. Bonds…125.10-12 is resistance and the closing upside pivot for another full point. (Lower Rates). Gilts…is attempting an ORH … Continue reading
Is this the low in rates for a long long time? Patterns you should be aware of… Higher rates everywhere else makes zero percent in Japan a lot less attractive. hence the selling of the yen against all currencies. … Continue reading
The sector rotation and the game of hot potato continues in the equities & commodities with money seeking the days high flier Du-Jour and the equity indices not doing much. Some of you stayed with your SDS. Use the same … Continue reading
We sold 70% of our TBT position last week covering our 30 yr. bond shorts. I’ts time to start scaling back into this position. Sell the 30 year bonds/ buy the TBT basis a 122 march bond futures print. The … Continue reading