(USTs modestly higher w/belly leading and on strong volumes)while WE Slept; GVLQUSD (liquidity via Citi); Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes (BBG)
(USTs modestly higher w/belly leading and on strong volumes)while WE Slept; GVLQUSD (liquidity via Citi); Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes (BBG)
Good morning … The trend is yer friend … … and thankfully SHOCKOctober is at an end. You can see long bonds continue to hug trend in place which kicked off very nearly the last time (Aug) Yellen and Treasury had some sage words of oncoming supply. I’m certain, though, it’s only a coincidence and I’m connecting dots which aren’t really on the same page …
I'm ALL about the Yellen Beat Down, but in all fairness have heard the same argument regarding the Trump admin-that they too should've issued longer duration debt. And the argument against was/is that the 10 yr would absolutely Blow Out Upwards.
PS-IF I was dumb & wealthy enough for Raiders season tix, they too would suffer the same fate as those Giants tix. But you'll always have The Big Tuna. At least we Raiders have the legacy of Madden, and Plunket. I mean, it could be worse, we could be Cardinals Fans Steve. LOL!
Wow...what a Fire Hose of Information !!!!
I guess the Treasury News could have been worse....
Billions of Bills....Crazy!!!!! What a way to fund a Gov't..
Saw Stan D. and Jeff G. today...Post Fed decision....Smart Guys...
Their consensus is that Rates must drop for several reasons...Slowing Economy and
that at current levels...it is unsustainable for funding our Gov't, etc....
Now waiting on the NFP report.....some day it will come in UNDER......
Outstanding work !!!!!!!!
I'm ALL about the Yellen Beat Down, but in all fairness have heard the same argument regarding the Trump admin-that they too should've issued longer duration debt. And the argument against was/is that the 10 yr would absolutely Blow Out Upwards.
PS-IF I was dumb & wealthy enough for Raiders season tix, they too would suffer the same fate as those Giants tix. But you'll always have The Big Tuna. At least we Raiders have the legacy of Madden, and Plunket. I mean, it could be worse, we could be Cardinals Fans Steve. LOL!
Hallelujah September and October are over !!!!