That Didn’t Last Long

Posted on Dec 3 2015 - 10:34am by Sharpe Trade

The entire length of the bond curve is getting whacked this morning. Thank GOD I didn’t remove my hedge.  And yes, I thought about it.

Every bit of the monstrous move on Tuesday in the 10’s is getting erased, and then some.  The 30’s are nearly to the point of erasing the gains, as the entire curve readjusts.

Monster move up on Tuesday?

And now the entire curve gets the axe … and I think the only stock I see catching a bid at this point is Medtronic (MDT).

Who said December was supposed to be an ‘easy’ month?

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

  1. NewLife December 3, 2015 at 5:17 pm - Reply

    That train you’d mentioned the other day has about pulled into the station. Keeping my eyes open again to establish some much longer term positions.

    • Dan December 3, 2015 at 5:35 pm - Reply

      Yeah … I thought about ya with that one.

      Next 15 days should be interesting.



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