2 replies to this topic

[donone]

When was the last time the 10 Year Note fell in yield and the 30 Year Bond rose. ???????

[Cirrus]

It is a very interesting market. I posted a while ago that the whole cross section of COT data (from equities to bonds to commodities) was so far out of whack from historical levels that we would see some real chaos ahead. We are in un 'unwinding phase' IMO but the process will be controlled to the maximum extent possible. The ECB indirectly let everyone know this.

[Rich]

I think investors are worried that this mess will spill over into money market funds and are buying treasuries instead. Rich