That Was Massive

Posted on Dec 1 2015 - 9:03am by Dan

Not sure how many people were paying attention this morning, but bonds saw a huge bid this morning as yields fell.  And I mean … huge.

The commentary on the Sharpe Trade forums this morning for clients was quiet simple …

Sharpe Trade commentary on the 30 year Bond

December 30’s ran from from 155’02 at around 8:00 am this morning to 156’24 at the time of this writing.

Does someone know something the rest of us don’t know?

2 Comments so far. Feel free to join this conversation.

  1. NewLife December 1, 2015 at 4:03 pm - Reply

    I was glued to my QQQs this morning and didn’t even pay attention to anything else. Then about 30 minutes ago I looked through a few symbols and saw that TLT had basically destroyed everything in its path today.

    Basically it ruined my plans though. I’ve been waiting, and waiting to add to a mix of bonds and stock etfs and this bond rally changes my perspective.

    • Dan December 1, 2015 at 5:25 pm - Reply

      Eh, there’s always another train coming into the station. 🙂 You’ll get your shot at some point.

      I honestly can’t remember the last time I saw that huge a bid go in, just that fast. That was what blew my mind. The _ _ speed _ _ of the thing.

      D

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